EDGEWATER DIVORCE EARLY RETIREMENT

The ex-wife filed a post judgment motion to enforce the payment of alimony. The ex-husband had lost his 30 year job as an insurance broker earning $340,000 per year, but a private investigator revealed he had substantial assets with which to make alimony payments, including 2 pieces of real estate valued at over $1 million each, and a $365,000 condominium in Tennessee purchased 4 months after he stopped working. He was also involved in two corporations, information he had not previously disclosed. She claimed he voluntarily retired and made no good faith efforts to find suitable employment. HELD : he continuation of alimony was affirmed and the cross-motion to reduce or terminate alimony was properly denied. There was a failure to make a prima facie case of substantially changed financial circumstances . In addition to the real estate, the ex-husband has 2 luxury cars and a boat. Moreover, he failed to prove he was involuntarily discharged, as opposed to taking an early retirement package; and he failed to provide sufficient evidence he could not find new employment.     O'Donovan v. O'Donovan, New Jersey App. Div., May 18, 2007