If you are thinking about divorcing your spouse, you may have some concerns about supporting yourself on a single income. While you are likely to receive an equitable share of your marital estate, pursuing spousal support may help you make ends meet. Most divorcing...
Alimony
Is this behavioral change a red flag of asset hiding?
When going through a divorce, asset division often serves as one of the biggest, most time-consuming and complex parts of the process. Of course, even if everything goes well, it will still take a lot of effort and time. It will often take even longer if you suspect...
What are the legal requirements of awarding alimony?
There are many rules about awarding alimony that the judge has to keep in mind when making a ruling. There is also a lot of leeway the court has when making such decisions. According to the Florida Statutes, an award of alimony will occur when the court determines a...
Proposed changes to alimony in Florida
In March, the Florida Senate Committee heard proposed changes to the state's alimony laws. If passed by the legislature, House Bill 1559 and Senate Bill 1922 would establish a new formula and end date for permanent alimony, among other updates. Review the pending...
An overview of bridge-the-gap alimony
If you are in the midst of a divorce, you may have questions regarding alimony. While it is still common to assume that at least one party automatically receives alimony following a divorce, that is not necessarily always the case. The courts will first look at the...
What is durational alimony?
During the process of a divorce, it is common to have concerns about how you will do financially when things are over. If you do not have a job, then it is even more of a concern. It may be difficult for you to find work and make enough money to avoid financial...
Showing your ex-spouse is in a supportive relationship
When you are the primary income earner in your marital home in Fort Myers, you likely understand that your divorce could leave your ex-spouse in a precarious financial position. Thus, you may be fully prepared to help support them through alimony payments until they...
How to reduce your tax burden even without the alimony deduction
Many couples rushed to get their divorce finalized in 2018 to avoid becoming subject to new tax laws that took effect at the start of 2019. Under the new tax law, affected payors no longer get to deduct alimony payments from their taxable income. This puts a greater...
Are you guaranteed to receive spousal support payments?
As someone who is considering divorce in Florida or currently going through the process, you may have some confusion over spousal support. Also called alimony or spousal maintenance, it seeks to protect you from any financial hardship that may result from your change...