Sentences with phrase «wife of the lump sum payment»

Not exact matches

My company pension plan offers me the option of taking a lump sum of about $ 775,000 or a monthly annuity payment of $ 3,600 that would go to me or my wife as long as either of us is still alive.

Among other things, the consent order provided for the husband, who was the applicant in the proceedings before Hildyard J, to make a lump sum payment of # 450,000 to the wife, who was the respondent.

Lawyer negotiates $ 50,000 lump sum alimony payment to Wife despite claim of adultery during marriage in contentious divorce case.

In light of this and other developments, the wife applied to a motions judge for an order that his ongoing child and spousal support obligations be converted to a lump - sum amount in the same amount as the equalization payment would have been, i.e. $ 50,000.

Despite being a common - law wife, she sought alimony for herself in the amount of $ 56,000 per month and $ 50 million as a lump sum payment.

The district judge at first instance awarded the wife a lump sum of # 456,000 to capitalise her periodical payments arrived at using the following calculation:

In making its order, the Court specified that the passage of time alone would not satisfy the order and that the order only lapsed upon the payment in full of the wife's share of the matrimonial property which, at the husband's discretion, could be paid in one full lump sum.

The judge adopted this approach and the wife was awarded the former matrimonial home and a lump sum of # 2.2 m. On appeal, the husband argued that the lump sum payment should be reduced to # 1.5 m.