When dividing assets, the court tries to be as equitable as possible, meaning both spouses tend to receive assets in an amount that is close to equal. The parties tend to use assets of larger value to negotiate. If one spouse agrees to let the other have the marital residence with a large amount of
Read More...A comprehensive alimony reform measure was recently adopted by the Florida House of Representatives and the Florida Senate. With a stroke of his pen, Governor Ron DeSantis could enact SB 1796, resulting in significant changes involving divorcing couples in the State of Florida. If signed into law by Gov. DeSantis, SB 1796 would take effective
Read More...When it comes to alimony settlements, you only appear in front of a judge if you and your spouse can’t reach an agreement. You should give negotiation a try as it’s a lot less expensive than going to divorce court, and you won’t be leaving important decisions about your life to the judge. You can
Read More...Under Florida divorce law, Florida is a “no-fault” state, which means either party can ask the court for a divorce without proving the specific reasoning behind seeking the divorce. The spouse seeking a divorce simply needs to state that the marriage is “irretrievably broken” thus relieving the courts of deciding who was at fault and sparing both parties having to talk about personal issues like
Read More...Most people don’t get married thinking about – let alone planning for – divorce but the fact of the matter is divorce happens. And while it’s certainly not a romantic notion to think about ‘what if’ while you say ‘I do,’ it’s also not a terrible idea, either. Even those who aren’t rich or famous
Read More...It’s been said that ‘fools rush in’ to marriage but a recent, unexpected change in the new tax bill may mean that some couples may just rush out – to the courthouse. Included in the new tax bill is a provision that scraps a 75-year-old tax deduction for alimony payments, causing many divorce experts to
Read More...On April 18th, the Florida House passed the Florida Alimony Reform Bill with an overwhelming majority of 85 yeas and only 31 nays. Although the bill has been passed by both the State Senate and the House, it’s not law just yet. The bill now sits on Governor Rick Scott’s desk, where he has until
Read More...“Until death do us part“ can take on an entirely different meaning when divorce proceedings lead to permanent alimony payments for one party or another. Currently, a group known as F.A.R. or Florida Alimony Reform is pushing the state legislature to follow in the footsteps of states such as Massachusetts and New Jersey and bring
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