Alimony, or spousal support, is one integral aspect of divorce proceedings for couples without children in Florida.
Factors Influencing Alimony Decisions
Florida courts consider various factors to ensure a fair and equitable resolution when determining alimony. For couples without children, these considerations revolve around the financial dynamics between the spouses. Key factors include:
- Duration of the Marriage: The length of the marriage plays a crucial role in alimony decisions. Marriages lasting less than ten years are considered short term, between ten and twenty years as moderate, and twenty years or more is considered long term.
- Standard of Living: The court seeks to maintain a similar standard of living for both parties post-divorce as they experienced during the marriage.
- Financial Resources: The court evaluates each spouse's financial resources, including income, assets, and liabilities. It examines both spouses' earning capacities, educational levels, and employability.
- Contribution to Marriage: This category includes economic and non-economic contributions, such as income generation and homemaking duties.
- Age and Health: Each spouse's age and physical and emotional health can impact the court's decision if it affects earning potential.
- Tax Consequences: To arrive at a comprehensive and fair settlement,your attorney will consider the potential tax implications of alimony for both parties.