Dear Clairemy income has decreased by approx £4,000. Hers has increased by approx £1-2000 p.a. She is no longer living with her boyfriend. I am due to retire this year (august) when my income will drop by £18500
approximately 11.5% at the moment but when I retire it will be about 55% reduction in my income but I am concerned that my ex wife will still have a claim on what I leave to my present wife after my death
I reach retirement age on 21 august 2013 and I would like to retire on that date
Thank you for your advice, I will check the exact wording but the order is not to hand at the moment. May I reply tomorrow with the exact wording please
sorry it took a while to locate the actual order but here is the wording:
" the respondent do pay or cause to be paid to the petitioner, periodic payments at the rate of £200 per month, payable monthly in advance, during their joint lives until the petitioner shall remarry or further order. Payments are to be made on the first day of each month commencing on the first day of the month following the completion of the sale of the property as set out in the paragraph 1 above."
Thank you so much for taking such a weight from my mind. I can now relax somewhat knowing that my wife will be properly and rightfully cared for should I die first. And for not having to shell out a lot of money for the same advice. This is a wonderful service.