Category Archives: Alimony
I Am Getting Divorced in Florida: Will I Be Required to Pay Alimony?
Alimony (spousal support & spousal maintenance) is an allowance paid by a person to their former spouse following a divorce. Under Florida law (Florida Statutes § 61.08), alimony is not guaranteed—it will only be awarded in certain circumstances. For reference, an academic study cited by CNN Money found that alimony is awarded in around… Read More »
How Alimony Payments May Change Under the Tax Cuts and Jobs Act
For divorced and divorcing taxpayers, alimony will be treated a different way beginning next year. As part of the larger tax overhaul last year, the Tax Cut and Jobs Act eliminated the ability of alimony-payers to deduct their support payments each year on their federal taxes. Instead, the person receiving the alimony payment will… Read More »
What Are the Different Types of Alimony in Florida?
Alimony, also called spousal maintenance, is a court-ordered transfer of money between a higher-earning spouse to a lower-earning spouse during a period of separation, and possibly for a period of time after their divorce is finalized. While the spouses are free to negotiate their own alimony payments, most couples will go through the court… Read More »