Nancy Freed, Co-chair of Prince Lobel’s
Domestic Relations Practice Group, discusses the recent passage of the Alimony
Reform Act, which “changes the game in Massachusetts for divorce.”
With the elimination of “lifetime” alimony
and the creation of “durational limits” on the length of alimony awards, it is
critical for women of all ages to take steps now for the sake of their future
financial security. In addition, the Act does not just apply to new divorces. Once
the appropriate waiting period has been met, those who have previously divorced
can ask the court to modify their existing divorce judgments.
Click here to read Nancy’s article about
the Alimony Reform Act and its various implications and potential consequences.