Category Archives: Alimony
Temporary Spousal Support While a Florida Divorce Is Pending
Separation often changes household finances before either spouse has had time to adjust. The mortgage or rent still has to be paid, insurance premiums remain due, groceries cost the same, and one spouse may suddenly have far less access to the income that supported the marriage. Working with an experienced Florida alimony attorney can… Read More »
Special Alimony Considerations in High Net Worth Divorces
Alimony is a contentious issue in many divorce cases. In a high net worth divorce, though, the stakes are particularly high and calculating amounts is anything but traditional. When a couple or spouse is significantly wealthy, the standard alimony guidelines often do not reflect the true scope of lifestyle, income, and future need. In… Read More »
How to Limit Alimony in a High Net Worth Divorce
Alimony is not an issue in all divorce cases but when a couple or spouse has a high net worth, spousal support must usually be negotiated. Due to the high income of one spouse in a high net worth divorce, amounts of alimony are usually higher. However, there are ways to limit the amount… Read More »
How the Length of a Marriage Affects Alimony
Alimony, sometimes also referred to as spousal support, is a contentious issue in many contested divorce cases. When a lower-earning spouse requires financial support after a divorce, a judge will often award them alimony. The higher-earning spouse is then required to make payments on a regular basis to provide the necessary financial support. Family… 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 »
