How is Alimony Calculated in Florida
Alimony is monetary support one spouse pays to another to maintain the receiving spouse’s standard of living after divorce. The family law court may grant alimony to either spouse.
The court considers numerous factors when determining the type and amount of the alimony aware. Those factors include, but are not limited to:
- The parties’ prior standard of living.
- Length of the marriage.
- Age and physical and emotional condition of both spouses.
- Each spouse’s financial resources and income-producing capacity of the assets they receive.
- The time necessary to acquire sufficient education or training to find appropriate employment.
- The services rendered in homemaking, child-rearing and the education and career-building of the other spouse.
- The court may consider any other factor necessary to do equity and justice between the spouses.
Alimony is subdivided into several categories: bridge-the-gap, rehabilitative, durational, and permanent periodic alimony. For an overview of these categories read our article Types of Alimony, Florida Family Law.
How is Alimony Calculated in Florida
Calculating alimony in Florida is a complex mixture of various considerations. There is flexibility when calculating alimony. The three main issues that determine the amount of alimony is one party’s need versus the other party’s ability to pay, the standard of living, and the length of the marriage.
A marriage that last 17 years or more is considered a long-term marriage. In such cases permanent alimony may be awarded to provide for the needs and necessities of life as they were established during the marriage. This type of alimony award is for the spouse who lacks the ability to meet the financial needs and necessities of life after divorce.
A party’s alimony award will terminate upon death of either party or upon remarriage of the receiving spouse.
For more information about your rights in divorce, read our articles:
- Florida Is A “No Fault” Divorce State
- Dividing Assets In Divorce, Florida Family Law
- Dividing Debts In Divorce, Florida Family Law
To learn more about your legal rights during your dissolution of marriage case, contact us today online or call 866-767-4711.
Our team at Draper Law Office understands these cases are important – they can shape the lives of families for years to come, and are often incredibly emotional, and personal. We are here to guide you through the process and provide sounds legal advice.
We proudly serve the greater Central Florida area with offices located in Kissimmee, and Orlando. We welcome the opportunity to help you settle your divorce terms as quickly and painlessly as possible.
