Spousal support has remained a hot topic during the first five months of 2015 and everyone seems to have a valid opinion. While alimony is often a big issue when divorce is imminent, some dependent spouses in Florida may choose to forego spousal support. As with all aspects of ending a marriage, the question of whether or not to accept alimony is personal choice but here are two sides of the issue for those who have not yet made a decision.
Broward County couples who are looking for a divorce may be interested in how alimony payments may affect their taxes. The answer generally depends on some specific qualities of the payments themselves.
In general terms, alimony is a means for divorcing partners to maintain a quality of life similar to that which they experienced during the marriage. Also known as spousal support, alimony orders may come in different forms.
Florida law provides for the award of several different types of alimony as part of divorce proceedings. Some spouses may receive permanent alimony, while others may receive temporary alimony until the divorce is finalized.
Florida residents considering divorce may have questions about spousal support. There are guidelines established by the state that provide for a recipient's acclimation to being single once again. The court uses certain factors to decide how the amount of alimony is determined.
Florida residents who are contemplating divorce may be interested in the way alimony is decided. The first determination the court considers is whether or not one spouse needs alimony and if the other spouse is financially able to pay it. In determining the amount of alimony, the court has many variable to consider. The length of the marriage and the contribution of each spouse is taken into consideration including child rearing, and the age and health of both spouses. Marriages of less than seven years are considered to be short-term marriages in Florida, while long-term ones exceed 17 years.
In a Florida divorce proceeding, alimony payments may be granted to either spouse. Payments could be temporary or permanent, and they may consist of period payments, a lump sum payment or a combination of both. In order to award alimony, the court will consider an ex-spouse's ability to supply it and whether the individual receiving alimony actually needs it.
Florida fans of actor Terrence Howard may not be aware that despite the actor's blockbuster resume, his take-home pay is less than $6,000 per month. This is his claim in the request he has filed to have changes made in his spousal support arrangement for his ex-wife, Michelle Ghent.
Florida residents may be interested in the way cohabitation affects alimony. When a couple divorces, one spouse may pay alimony to the other for sustenance and to help them become self-sufficient. Spousal support may be limited or it may continue until the spouse receiving alimony remarries. However, cohabitation without remarriage may occur and in this case alimony does not necessarily stop.
A recent Florida judge's decision may be good news for those who are considering divorcing a spouse that has access to trust funds. According to a recent decision in the case of Berlinger v. Casselberry, spouses who draw funds from a discretionary trust may be liable to pay spousal support or child support from those funds in the future.