Category Archives: Alimony
Florida Alimony Bill Heads To The House
For many years, Florida has been toying with the idea of overhauling its alimony system. If it moves ahead with this ambitious plan, it will become the first state to seriously change its alimony system. Many believe that this system needs to be changed across the nation, and that it harkens back to a… Read More »
Can Inflation Affect My Alimony?
These days, conversations around America’s economy have largely revolved around one topic: Inflation. The rising cost of living is affecting many American families – including couples who are approaching divorce. In fact, financial pressures such as these often cause divorces – sparking arguments over money that spiral out of control. Whether you’re a high-net… Read More »
Will Inheritance Affect My Alimony After A Divorce?
Receiving inheritance from your passed relatives can be an important source of financial support during difficult economic times. Economic pressures are especially great for divorced spouses, particularly if you’re raising children alone. Although you might be receiving alimony and child support, it’s still difficult to cover all your expenses and make ends meet. After… Read More »
My Spouse Earns The Same As Me. Do I Still Need To Pay Alimony?
These days, both spouses are likely to work full-time. Gone are the days when one spouse stayed at home, raised the kids, and maintained the home. In the modern era, many spouses see this arrangement as antiquated or even misogynist. Financial pressures also force both spouses to work full-time in many cases – whether… Read More »
Lump Sum Alimony Vs. Normal Alimony
If alimony is required in your marriage, you may have the option to choose either a lump-sum payment or a more traditional method of monthly payments. But which option represents the best choice for your divorce? There are pros and cons to each option, and the best choice for you depends entirely on your… Read More »
How To Lower Alimony
Many spouses believe that alimony payments are too excessive, and they may want to lower payments significantly. Sometimes, these concerns are truly valid, as spousal support payments have the potential to cripple paying spouses in many situations. This is especially true when you take into account the property division process, child support, and many… Read More »
Types Of Alimony In Florida
If you’re approaching divorce in Florida, alimony may be a considerable concern for you. If you’re dealing with the possibility of paying alimony, you may be worried about the financial impacts. If you’re dealing with the possibility of receiving alimony, you may also be concerned about your financial future, and whether you will have… Read More »
Can You Be Awarded Temporary Alimony While A Divorce Is Pending In Orange County?
If a divorce is contested, meaning the parties are arguing about every major issue including child custody and property distribution, proceedings could be drawn out for months, or even more than a year. Both for parties in which one spouse worked and the other spouse didn’t, waiting a year for a settlement or divorce… Read More »
How Long Do You Have To Pay Spousal Support (Alimony) In Florida?
If you are getting divorced or have already finalized your divorce in Florida, you might wonder, “How long do alimony payments last in Florida?” The question is not uncommon, especially among divorced individuals who were ordered to pay spousal support. Since each case is unique, the answer depends on the circumstances of your divorce…. Read More »
Federal Tax Laws Eliminate Alimony Deduction
New federal tax laws that went into effect on January 1 have eliminated the deduction for alimony on federal income taxes. What was once seen as a major incentive for the payment of spousal support is now gone for couples considering divorce. This change in the law, as well as other federal tax law… Read More »