1992 XXXX had an affair and filed for divorce. Everything was split in half. She received $600,000.00 and he paid for her Master’s degree at Columbia University. He also paid for her Bachelors degree. He had to pay $3500.00 month alimony.
He had (Whole Life) Ins. policy that she wanted cashed in. She received the full amount of $98,455.29. Then she wanted (Term Life) Ins. policy. Term means limited period of time. She was the (owner (meaning in control) and beneficiary) of the 7-year term policy and he made the payments.
He was diagnosed with Early Alzheimer’s December 1998 and had to quit work as a Physician. He took her back to court May 1999 to get alimony eliminated but the (mediator) Judge would only lower it to $2100.00 a month and now they gave it to her tax-free. They said it was because he was getting his disability tax-free.
April 2002 Michael took her back to court because she is teaching at a School of Art & Design in XXXX & was working at XXXX & has a live in XXXX (who is a Family Law Attorney.) They have been together since March of 1994. They won’t marry because she would loose her alimony.
After finding out she was fired from XXXX his attorney was going to stop the proceeding but she counter-sued because the (term) policy was going to expire and she wanted $250,000.00 to replace that policy.
When we realized that Judge Thompson wasn’t aware of the WHOLE life policy our Attorney wanted to present more facts and the Judge didn’t want to hear anymore. The Judge ruled Michael had done an anticipatory breach by not keeping the TERM policy SHE OWNED in effect. The Policy stated it could not be converted.
Judge Thompson didn’t raise or lower alimony and said NO to the $250,000.00. She took it to the appellant court. We couldn’t tell the appellant court he had a whole life because we had not told Judge Thompson. The 3 Judges granted her $250,000.00 to receive if he dies before her and she is still eligible. Yet alimony is supposed to stop when he dies. They are treating the Insurance policy as though it were a WHOLE life.
This lawsuit that started in 2002 is not over. Next court date is with a new Judge that really doesn’t know the case. So far we have paid $63,019.41 for his attorney and the Judge made him pay $51,591.68 to her attorney and She is now asking for $7,500,00 more in fees.
[Editor's note: Notice the transfer of wealth of approx. $117,000 from the parties assets to the bank accounts of lawyers. The legal industry profits immensely from adversarial relationships resulting from one of the parties greed along with the blessing of the family law court injustice system. They show no mercy on the sick and suffering while rewarding egregious behavior.]
She is still teaching Interior Design at XXXX and since 2003 is the Interior Designer at XXXX in XXXX. The law is allowing these men and women receiving alimony to get a free ride and it is not fair. Permanent alimony should be abolished. Please change the law now. My husband will need his money for his care.
------------------------------------
Want to lower your alimony payments? Find out how by clicking here.
###
