Whether voluntary retirement constitutes a material change of circumstances for the purpose of varying an order for spousal support depends on a careful scrutiny of the individual circumstances of each case: Gajdzik v. Gajdzik, 2008 BCSC 160 at para. 35; Greco v. Greco, 2017 BCSC 172 at para. 30.
Not exact matches
And
whether retirement is
voluntary, involuntary, or delayed, Li doesn't shy away from the financial side of it.
Instead, we hold that
voluntary retirement at a customary age is simply one factor, albeit an important one, to be considered by the judge in deciding
whether to modify the alimony obligation set forth in a divorce judgment.»
A typical «triggering event» is an owner withdrawing from the business,
whether the withdrawal is involuntary, such as in the event of death or disability, or
voluntary, such as
retirement.