The Indiana Court of Appeals has affirmed a lower court decision in Laesch v. Laesch, finding a husband must:
- Pay interest on his monthly payments to his wife, because he did not pay each in a lump sum;
- Be held in contempt for failure to obtain a life insurance policy naming his ex-spouse as the sole irrevocable beneficiary;
- Pay for her attorney fees in taking the matter to court.
The outcome has proven costly for the husband, and it illustrates the importance of ensuring you fully understand your obligations under each provision of the original Indiana divorce agreement. Failure to abide by any part of it could prove an expensive mistake. Continue reading