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ORLANDO ALIMONY LAWYERS

WHAT ABOUT THE NEW ALIMONY REFORM BILL?

Currently, Alimony Reform Bill SB 718 is winding its way through the Senate. Recently, SB 718 passed with a vote of 12-2 by the Senate Rules Committee. Next, the Bill will go to the Senate Floor for a Final Vote as early as this week. This bill, in part, seeks to abolish permanent alimony, limit alimony to 50% of the duration of the marriage and severely restrict the trial court Judge in structuring alimony to the particular facts of the case. This is a significant departure from the current law and will most certainly affect your permanent alimony order and pending alimony cases. The full text of the bill can be found here.

Talk to your attorney at Marsh Family Law to see how this important change in the law will affect you.

WILL I HAVE TO PAY ALIMONY?

Under the current law, there are many factors the Judge considers before ordering alimony. Some factors are the length of marriage, the incomes of the parties and the contribution each party made to the marriage and acquisition of assets and liabilities. The specific list of factors include:

(a) The standard of living established during the marriage.
(b) The duration of the marriage.
(c) The age and the physical and emotional condition of each party.
(d) The financial resources of each party, including the non-marital and the marital assets and liabilities distributed to each.
(e) The earning capacities, educational levels, vocational skills, and employability of the parties and, when applicable, the time necessary for either party to acquire sufficient education or training to enable such party to find appropriate employment.
(f) The contribution of each party to the marriage, including, but not limited to, services rendered in homemaking, child care, education, and career building of the other party.
(g) The responsibilities each party will have with regard to any minor children they have in common.
(h) The tax treatment and consequences to both parties of any alimony award, including the designation of all or a portion of the payment as a nontaxable, nondeductible payment.
(i) All sources of income available to either party, including income available to either party through investments of any asset held by that party.
(j) Any other factor necessary to do equity and justice between the parties.

The full text of the alimony statute can be found in Florida Statute 61.08 here. Talk to your Orlando Alimony Lawyer at Marsh Family Law to determine if you may be liable to pay alimony as a result of your Divorce.

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