Alimony, also referred to as “spousal support,” is court-ordered payments from one spouse to the other spouse after divorce or separation has occurred. Essentially, alimony is ordered in the event that one spouse needs such funds to maintain the standard of living enjoyed during the marriage and the other spouse...
Can I Request Alimony After Divorce Proceedings Are Complete?
Even when divorce is for the best, it can make a person feel as though their whole life has turned upside down. Going from a two-person income household to two different one-person income households can also be a significant financial change for both former spouses. If a divorce was somewhat rushed...
Are Alimony Payments I Receive Taxable Income?
When you are going through a divorce, there can be so many moving parts that it can all feel overwhelming. The issues addressed in divorce proceedings can also have significant impacts on your life in ways you may not have first considered. Even the seemingly smallest details will still need to...
What Is an Alimony Waiver?
Alimony is one of the central issues that need to be addressed during the divorce process. In Florida, alimony is calculated based on a variety of factors that can impact the financial needs of a spouse, such as the length of the marriage and the relative earning capacity of...
What Types of Alimony Are Available in Florida?
If you are in the midst of divorce, you may have concerns about whether you will have to pay alimony. Also referred to as “spousal maintenance,” alimony is money that one former spouse pays to the other former spouse. Usually, it is financial support that the spouse with the greater income...
What Can I Do If My Spouse Stops Paying Alimony?
During divorce proceedings, a spouse may be awarded alimony if he or she earned substantially less than the other spouse during the marriage. In the alternative, a spouse may be awarded alimony if he or she is leaving the marriage at a financial disadvantage and requires monetary support to move forward.
Continue reading…
The Fight for Alimony Reform in Florida
One of the most hotly contested issues in a divorce is alimony. Alimony is paid by one spouse to the other spouse during the divorce process or for a period of time after the divorce is finalized. It is usually required of the higher earner to pay the spouse who...
Why Don’t More Men Get Alimony?
There are approximately 400,000 people in the country who receive payments in the form of alimony. Of these people, only 3 percent were men. That may not be surprising to you, as we typically think of women as the people who receive post-divorce support.
It may be more...
Tax Bill Passes: Get Ready for Changes to Alimony
The new federal tax reform has passed, and those paying or receiving alimony need to pay attention. In the final version of the plan, the way that alimony is handled come tax time has changed. Divorce lawyers are pointing out that the process of ending a marriage may be more complicated than...
Calculating Alimony in Florida
When you are considering divorce in Florida, one of the first things on your mind may be how you are going to support yourself with one income. You may even be worried because that income will be less than what you have become accustomed to. In some Florida divorces, alimony is ordered by...
Continue reading…
