Selling Divorce House Impact

Summary

Selling a house awarded in a divorce settlement may impact alimony if it significantly changes your financial situation. Alimony is generally based on need and ability to pay, not assets. However, a significant change in circumstances could be grounds for revisiting alimony. Consult a local legal expert in Missouri for advice tailored to your specific situation.

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I live in St Louis, Missouri and got divorced two years ago. I was awarded the house in my divorce settlement. If I sell the house and make a profit can my ex husband take me back to court to reduce his alimony?
Hello ****,
In general, alimony is based on need and ability to pay, not assets. However, a significant change in circumstances could potentially be a reason to revisit alimony. It's advisable to consult with a local legal expert to understand your specific situation better.
So if I make *,* off the sale of my house which was awarded me…..he can actually lower or end his alimony obligation?
Hello ****,
A significant increase in your income or assets could potentially be grounds for your ex-husband to request a modification of alimony. However, every case is unique. Consult a legal expert for advice tailored to your situation.
That’s not right!
I understand your concerns, ****. Generally, selling a property awarded in a divorce does not affect alimony. However, laws can vary by state. It's best to consult a legal expert in Missouri for specific guidance.
Okay thank you!
You're welcome, ****! If you have any other questions or need further assistance, don't hesitate to ask. I'm here to help!