Life Insurance

In a Decision –       Chernin v. Chernin, ,  (an Unpublished Opinion) >>   the Court Held:

The Appellate Division upheld the Family Part decision that maintained alimony and thus maintained the obligation for Alimony even though the paying Husband is 78 and he let his policy lapse (and thus it would be difficult and costly to provide the life insurance policy.
Read more . . .

In a Decision – Stenger v. Stenger (an "Unreported Decision") >>   the Court Held:

The Appellate Division determined that the Divorce Agreement only provided for a determined date to consider Life insurance based upon premium costs and not upon Retirement.

The Appellate Division affirmed holding the Divorce Agreement clearly indicated the parties intended to reevaluate the life insurance policy when Husband reached the age of sixty-two because of premium increases; nowhere in the document was there an indication that Husband intended to retire or renegotiate alimony at that age.

In a  Decision – Cohen v Cohen (an "Unreported Decision") >>   the Court Held:

The Appellate Division determined that the dissolution of the life insurance trust as part of a Divorce Agreement was required. Wife and her attorney failed to dissolve the trust The trial court ordered the dissolution of the trust, appointed an attorney for that purpose and compelled the parties to sign a retainer for the attorney’s services. After several motions the judge awarded counsel fees in Husbands favor and imposed sanctions on Wife for failing to sign the retainer agreement. The Appellate Division affirmed the Trial Court.

Courthouse

Courthouse