• SPOUSAL SUPPORT & ALIMONY

    If you are contemplating divorce, then spousal support, more commonly called alimony, needs to be considered. Spousal support is intended to provide one spouse or the other with financial support during the pendency of the litigation and, if appropriate, after the Final Judgment of Dissolution of Marriage is entered. There are several factors which determine both the length and amount of alimony one may pay or receive. Those factors are enumerated in Florida Statute 61.08 and include, but are not limited to, standard of living established during the marriage, income of the parties, duration of the marriage, the physical and emotional condition of each party, amount of marital and non-marital assets and liabilities, lifestyle maintained during the marriage and contribution of both parties.

     

    There are several different types of alimony or spousal support that may be applicable to your situation. Those include, but are not limited to, temporary alimony, permanent alimony, rehabilitative alimony, lump sum alimony, durational alimony and permanent periodic alimony. Spousal support, in some circumstances, may be taxable or non-taxable, modifiable or non-modifiable. It may be permanent or for a fixed period of time. Flaherty Law Firm understands it is important for each client to be fully advised of their rights and possible implications of receiving or paying spousal support.

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