To the legl bods on here...
DP is a high earner. He has a maintenance order for 'joint lives' which means that his ex wife receives 50% of his salary (incl bonuses) and all employers 'spousal benefits' (health and life insurance) under the terms of the agreement.
His ex is now in a relationship with a very wealthy man and he has moved in to her home (has been living there since summer 13). DP thinks she may be pregnant (I also think this is possible).
He has been told in the past that there are two ways to amend the settlement:
- if his ex remarries
- he can pay a lump sum (the amount defined by an actuary) to make a clean break
His ex has said that she will never remarry. We cannot afford the clean break option.
What are our options? Since the settlement was agreed (9 years ago) DPs salary has more than doubled. We are well off and this is definitely a first world problem, we want the best thing for the children but we also want a date where we will be free of this obligation - is that too much to hope for?