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Monthly Archives: November 2024

WomanMad

Appeals Court Reverses Alimony Award To Wife

By Faulkner Law Group, PLLC |

When awarding alimony to the lesser-earning party in a divorce proceeding, the trial courts must make several determinations concerning the financial need of the lower-earning spouse and the ability to pay off the higher-earning spouse. This requires the court to go over the financial records of both parties to determine whether or not an… Read More »

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Former Wife Argues Trial Court Erred In Its Valuation Of The Family Business

By Faulkner Law Group, PLLC |

Valuation of assets and property is a key aspect of a divorce trial. When it comes time to divide the marital estate, the court must consider the testimony of valuation experts who provide opinions on the value of key assets. In the case of Athea v. Athea, the couple was fighting over a business… Read More »

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MoneyStop

Husband Seeks To Eliminate Alimony Payments To Wife

By Faulkner Law Group, PLLC |

In the case of Mango v. Mango, the former husband and wife were divorced in 2003 after a 22-year marriage. Fourteen years later, the former husband filed an Amended Supplemental Petition seeking to eliminate or reduce the permanent periodic alimony that he paid to his former wife. The former husband was required to pay… Read More »

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