A recent divorced client, who was facing years of potential alimony payments, was relieved and satisfied to obtain a complete waiver of past, present and future alimony.
With recent changes in Massachusetts related to the payment of alimony, many men face the potential of alimony payments that could linger until they retire. With the advent of legislature in 2012 related to the payment of alimony that considers both the duration of the marriage, as well as years spent together prior to the marriage, men especially are concerned about the prospects of paying up to thirty-five percent of the gross income to a former spouse.
Fortunately, an agreement was able to be reached for this gentleman, where he will no longer have to be concerned with any future alimony payment.