Sloane v. Sloane

LETTS, Judge.

The trial judge terminated permanent alimony on the basis that circumstances had changed and that the wife had no further need for support. We reverse.

The change in circumstances arose principally because of the sale of the husband’s business, in which his wife owned twenty percent of the stock, and from which sale he netted over $2 million and his wife netted $639,000. The husband concedes he has the ability to continue the alimony payment.

We need not address the question of whether such a sale would indeed constitute a change in circumstances justifying termination of alimony…