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More women are being ordered to pay alimony and child support

In 1960, an estimated 11 percent of households had a woman as the primary wage earner. Even though media sources have often reported on the wage discrepancy between men and women for comparable employment, more women are becoming the primary provider in many households. Florida residents who are contemplating a divorce may be surprised to learn that more and more women are being ordered to pay alimony and child support.

Candance Parker, WNBA star, settles alimony with one-time payment

Those who play professional sports are likely accustomed to having their private lives exposed to media scrutiny. As such, when these individuals seek a divorce, the settlement details, including any alimony agreements, often become public knowledge. Florida fans who follow basketball news may have been surprised when WNBA star Candace Parker was ordered to make alimony payments to her former spouse.

Florida alimony guidelines and laws

The end of a marriage can often come with serious financial setbacks for one or both parties. If a divorce has a significant impact on a spouse's financial well-being, then either the spouses or the courts may arrive at an agreement that includes provisions for alimony. Florida has its own laws regarding spousal support and the terms under which it may be awarded.

Losing the alimony deduction will be a financial hit for many

Many Florida spouses have grown used to the tax deduction that comes with paying spousal support. It can certainly take some of the sting out of those payments and is a welcome relief at tax time. The newly signed tax reform package, however, eliminates the alimony tax deduction. That will change the financial landscape for many divorced spouses and could also lead some married folks to seriously consider filing for divorce. 

Republican tax plan could cut alimony deduction

Many Florida spouses are carefully watching the progression of the Republican tax plan. There are numerous controversial aspects of the plan, but one that has sparked debate involves the elimination of the alimony tax deduction. That could change the financial landscape for hundreds of thousands of Americans, which is an unwelcome change in many households.

Proposed tax plan could reduce alimony deduction

As Florida residents debate the recently proposed GOP tax cuts, they may want to take a close look at the provisions within the proposal. One of the ways that Republican lawmakers plan to pay for tax cuts is by eliminating the tax deduction for alimony payments. That can make a big difference in the bottom line for many Americans.

Trial scheduled for couple's argument over unpaid alimony

Any Florida couple that has been through a divorce knows that it is a difficult experience. For some couples, the finalization of a divorce does not signify the end of marital turmoil. Many couples continue to argue in family law court years after divorce over disagreements of child custody or alimony. One couple in another state has an upcoming trial to settle their alimony disagreement.

Altering alimony due to employment change

If there is one thing that Florida residents can be certain of, it is the fact that change is inevitable. This is true when it comes to personal relationships, and also to matters of employment. As part of a divorce, many people are tasked with making alimony payments. When an unexpected job change leads to a reduction in income, meeting that financial obligation can be a challenge.

All spousal payments are not alimony under the law

When a Florida family goes through a divorce, ongoing payments are often made from one party to the other. Those payments are usually classified as either child support or alimony. It is important to understand, however, that there are instances in which payments may not fall under either category, making it hard for the paying party to claim them on his or her taxes.

Can you reach an alimony settlement outside of court?

Your spouse may agree that you made the sacrifices that supported his or her career success and may have expressed gratitude over this fact. However, now that you are divorcing, sharing that significantly higher earning potential with you in the form of alimony may have lessened the appreciation of your contribution. Understanding the ins and outs of spousal support may help both of you to approach the table with reasonable expectations so you can come to an agreement without a court battle.

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Fort Myers Family Law

Sheldon E. Finman, P.A.
2134 McGregor Boulevard
Fort Myers, FL 33901

Toll Free: 877-214-3207
Phone: 239-332-4543
Fax: 239-334-7828
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