Alimony, also called spousal support, is a thorny issue in Florida. In the last several years, there's been a concentrated push to revise the rules in ways that would sharply limit the kind of alimony that dependent spouses are entitled to receive. In addition,...
Month: September 2019
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What are your top financial concerns if you anticipate a divorce?
Most of the time, a divorce doesn't come as a surprise to either of the parties involved. Often, they've both been waiting for the other person to make the first move.If you sense that divorce is coming in your future, don't simply wait on your spouse to make the...
Minimizing taxes without the alimony deduction
The alimony deduction has been an essential part of divorce strategy for more than 50 years. The ex-spouse who paid alimony was able to deduct his or her payments and the receiving ex-spouse paid taxes on the amount they received.While divorces in Florida and...