Income other than salary can affect alimony

A wife’s alimony payments could be increased when her ex-husband started receiving significant income in addition to his regular salary, says the Ohio Court of Appeals.

The husband was a highly paid executive with JP Morgan Chase who was transferred to Singapore. As a result of the transfer, in addition to his regular salary, he received a $149,500 bonus, a $104,300 housing allowance, a $25,300 “foreign assignment pay differential,” a $7,200 long-term incentive bonus paid out as dividends, and a $12,300 travel allowance.

The wife went to court and argued that the husband’s alimony obligation should be increased as a result of this windfall.

A judge initially sided with the husband, saying that alimony couldn’t be adjusted based on anything other than the husband’s base salary.

But the appeals court agreed with the wife, and said the important thing was that the husband had a big increase in his income, regardless of whether the income was labeled as “salary” or something else.

Call Now Button
Email us now
close slider
Call Now Button
Email us now
close slider