Yes. With respect to child support, both parties are entitled to revisit support. If either party’s income changes by 15% or more, it can go up or down. This means that the recipient of maintenance may seek an award of an upward modification of the payer’s income increases. Likewise if the recipient’s income increases by 15% or more, the payer may be entitled to a reduction in his or her support payments, again, with respect to spousal support as opposed to child support.
Both parties have the right to revisit support when there’s a substantial change in circumstances. So, the payer certainly has the right to revisit his or her support obligations if the recipient no longer needs the level of support which is being provided.
James Nolletti is a White Plains divorce lawyer and founder of Nolletti Law Group. James has over 30 years of experience in providing excellent service to individuals going through divorce who have complex divorce issues and significant assets. For more information on James and his firm please visit NollettiLawGroup.com.