If you will end up paying support to your ex following your divorce, it is understandable to worry about your financial future. Paying a lot in alimony could derail your retirement plans. This is why you should be aware of any available options that could limit your...
Alimony
How does marriage length impact alimony decisions in Florida?
When your marriage ends in Florida, you may wonder if you are going to have to pay your former spouse one of several types of alimony the state currently recognizes. Many different factors help determine whether you have to pay your ex alimony, and often, the length...
What types of alimony does Florida recognize?
When your Florida marriage ends and your spouse seeks alimony, you may wonder how much you might have to pay your former partner, and for how long. Many factors help determine if your former partner gets an alimony award in your divorce, among them the length of your...
Do you know what to include in a parenting plan?
Florida courts require you and your spouse to enter into a parenting plan before granting your divorce. The document is the basis for how you want to raise your children in separate households. There are some elements the court requires you to account for in your...
What makes a prenuptial agreement invalid
A prenuptial agreement, also known as a premarital agreement in Florida, may not be the most romantic thing, but it is beneficial to have in many situations. It protects a family business, protects individual assets and outlines what would happen in the event of a...
Lump sum payments in Florida alimony awards
When Florida couples decide to divorce, alimony can be an important part of the settlement. Because Florida is an equitable distribution state, marital assets may be distributed in a manner that is fair to both parties, rather than a strict 50/50 split. Alimony comes...
Alimony and taxes in Florida
The IRS rules around alimony changed in 2019, so divorced couples in Florida should understand the tax implications that the Tax Cut and Jobs Act may have for them. The effects of the law on their situation will depend, in part, on when they reached a divorce...
Possible change to Florida alimony laws
Alimony is awarded in some divorce cases in the state of Florida. This includes instances of what is known as permanent alimony. In a situation in which permanent alimony is awarded, a person ordered to make such payments must do so until the other party remarries or...
Are monthly payments the only spousal support payment option?
As the court works to finalize marriage dissolution cases, most Florida residents facing this process look forward to having the entire process over with. Whether a divorce came as the result of a contentious relationship or both parties amicably felt the need to end...
Losing one’s job may mean modifying spousal support
Having to pay alimony after getting a divorce is not something many people find enjoyable. It can seem like a continued insult to have to provide spousal support to someone who is no longer a spouse. Nonetheless, Florida residents who have this obligation must ensure...