You have been divorced for quite some time and during the initial court proceedings, you and your ex reached an agreement that you would be paying a certain amount of alimony each month. However, recently circumstances have changed and now you feel the need to modify your agreement. At Essig Law Office, we have helped many people in Illinois to coordinate alimony agreements that work to the benefit of both parties.
While paying alimony may have been the right decision at the outset of your divorce, if you or your spouse have encountered life changes, your agreement may no longer be as beneficial as it once was. In fact, you may be starting to feel as though you are being taken advantage of. According to Live About, there are several reasons why you may consider modifying the original agreement you made with your ex. Some of these reasons include the following:
- The cost of living has increased and your spouse is requesting to be paid higher payments in accordance with the increase in his or her cost of living.
- Either you or your spouse has encountered financial difficulties due to an illness or the loss of job. You may also wish to modify the agreement if your ex is continuing to ask for more money despite the fact that your income remains unchanged.
- Your ex has received a new job or is making exponentially more than he or she was at the start of your divorce. The need for alimony may no longer be relevant.
If you wish to modify your alimony agreement, you may benefit from the help of an attorney. A legal professional can help you plead your case in a way that is objective, professional and effective. For more information about divorce, visit our web page.