Monthly Archives: May 2024
Adultery and Divorce in Florida
Many divorces are caused by a married person having sexual intercourse with someone who is not their spouse. But, because Florida is a no-fault divorce state, you do not have to prove your spouse committed adultery to obtain a divorce in a Florida family law court. You can obtain a Florida divorce in Florida… Read More »
Is Alimony in Divorce Tax Deductible?
Many people don’t realize the financial impacts of divorce. During a high-net worth divorce, decisions made can have significant long-term tax implications. Generally, federal income tax rules allowed people who paid alimony to claim a tax deduction and required those who received spousal support to report it on their income tax return if the… Read More »
Protecting Your Business in a Divorce
If you own a business and have decided to divorce your spouse, you need to engage a divorce lawyer who knows how to protect your business and protect your best interest in a divorce. In a divorce in Florida, your business could be broken apart to satisfy the legal requirement for equitable division of… Read More »