So in effect this change means that trade will no longer be possible. At least not to the same degree. Everyone splits everything equitably and goes their separate way, plus some alimony but not lifetime. Seems reasonable to me.
Well at 60, she and her husband have been saving for their retirement for 40 years already, so she’ll use that to retire early. Plus she’ll have at least half of all other assets too. Probably more if she’s disabled as in your example and unable to work at all.
Or do you believe that the husband should be unable to retire to find her lifestyle in perpetuity?
According to the article, permanent alimony is granted only if the receiver agrees to give up other assets in exchange. So it’s more of a trade.
So in effect this change means that trade will no longer be possible. At least not to the same degree. Everyone splits everything equitably and goes their separate way, plus some alimony but not lifetime. Seems reasonable to me.
At what point are you imagining this 60 year old woman with no work experience is going to be able to support herself?
Well at 60, she and her husband have been saving for their retirement for 40 years already, so she’ll use that to retire early. Plus she’ll have at least half of all other assets too. Probably more if she’s disabled as in your example and unable to work at all.
Or do you believe that the husband should be unable to retire to find her lifestyle in perpetuity?
Wow, than the receiving party must had one hell of a squeeze on the giving party. If you are willing to pay for the rest of your life for some asset…