Brendan Fraser is likely a name that is familiar to many readers in Massachusetts. Over the past several years he has starred in several movies, including The Mummy. Now the actor is making headlines as he seeks to alter the terms of his 2009 divorce agreement. His income, he says, has dropped substantially.
Fraser made an agreement with his ex-wife for the division of their assets and for the amount of money that he had to pay to her in the form of spousal support. The 2009 agreement stated that his former wife was to receive $900,000 per year for a specified period of time. Additional details were not published in the recent report.
The actor says that he has lost a large portion of the income that he had when he was reportedly worth a total of $45 million. He says that he has worked less in the film industry due in part to medical conditions. He has asked the court in his divorce case to reduce the amount that he owes for spousal support. To achieve this, he will have to convince the court that his financial circumstances have changed enough that he is no longer able to pay the current amount.
Seeking a modification of a prior divorce agreement is a difficult challenge for those who file to make such a change. A court modification is required to make any changes to such an agreement. Thus before Massachusetts residents enter into a court matter for a modification of a divorce agreement, they should review all applicable laws and ensure that they understand the process as best as possible.
Source: inquisitr.com, "Brendan Fraser 'Broke': Star Requests Reduced Alimony Payments," Tara Dodrill, Feb. 15, 2103