No matter how a divorce began or how complicated the proceedings became, couples typically emerge with a substantial agreement about finances, assets, children, living situations, and any other relevant information. These legally binding agreements help both parties proceed ethically, appropriately, and responsibly into the rest of their lives with as much stability as possible. But sometimes, people need to make changes after the agreement has been finalized, sometimes years later. Continue reading to learn more about the process known as “post-decree modifications.”
What is a Post-Decree Modification?
A post-decree modification is when one or both parties who took part in divorce proceedings wish to make changes to their divorce agreement. A party may want to make a change because of many reasons, including:
- Critical financial loss or job loss
- Critical financial gain
- Medical issues or a significant injury
- The recipient lives with someone else
If a critical financial loss occurs, continuing to pay spousal support may become overwhelmingly challenging. Natural disasters, theft, job loss, or an injury preventing work can create an undue burden on making payments.
On the other side, one party may gain a significant amount of money through the lottery or inheritance. One party may discover that the other party had been hiding funds. In either case, the supporting spouse has an option to consider a modification.
Another consideration is cohabitation. If a recipient of support begins cohabitating with another person in a marriage-like situation, spousal support ends. Some of these considerations include relationship length, time spent together, vacations, and finances.
Child Custody Modifications
Another common area for post-decree modifications come in custody changes. Although a divorced couple may set up a custody plan, the needs of the child often change as the young one grows up. This change for the child creates an opportunity to petition the courts for a modification. Make sure to have the necessary documentation and complete information. With better preparation, the judge will be able to make an informed decision to alter alimony payments or why changing custody arrangements will be in the best interests of the child.
The experienced team at Aldrich Legal Services has been helping families navigate divorce proceedings for 21 years. Even if your divorce agreement took place years ago, there are options for you to explore. Give our legal team a call today at (734) 404-3000.