What happens to a lifetime alimony ruling when I retire

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What happens to a lifetime alimony ruling when I retire

I pay alimony for life. But I’ll be retiring in a
couple of years . What happens to that alimony
payment when my income drops significantly

Asked on May 7, 2017 under Family Law, South Carolina

Answers:

M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 7 years ago | Contributor

Typically, retiring does not end one's obligation to pay alimony. However, retirement is an important factor that can influence a court's decision to either terminate the alimony or reduce the amount of alimony owed. Since this is a state specific determination it varies from jurisdiction to jurisdiction. At this point, you really should should consult directly with a divorce attorney in your area; they can best advise you further. 


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