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Long Scary Article about Alimony

EMCSEMCS Member Posts: 4,063
edited November 2009 in General Discussion
Paul and Theresa Taylor were married for 17 years. He was an engineer for Boston's public-works department, while she worked in accounting at a publishing company. They had three children, a weekend cottage on the bay and a house in the suburbs, on a leafy street called Cranberry Lane. In 1982, when they got divorced, the split was amicable. She got the family home; he got the second home. Both agreed "to waive any right to past, present or future alimony."

But recently, more than two decades after the divorce, Ms. Taylor, 64, told a Massachusetts judge she had no job, retirement savings or health insurance. Earlier this year, the judge ordered Mr. Taylor, now 68 and remarried, to pay $400 per week to support his ex-wife.
FULL ARTICLE HERE
http://online.wsj.com/article/SB10001424052748703399204574505700448957522.html?mod=WSJ_hpp_MIDDLETopStories

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