Category Archives: Alimony
In Sickness and in Health? Think Again.
Think that your marriage can survive a prolonged or significant illness? A new study suggests that, for women aged 51 and over, a serious health complication can increase the chances that their marriage will end in divorce. The study found that there was no significant increase in the risk of divorce if the husband… Read More »
The End of Permanent Alimony in Florida?
Legislators are considering whether it is time to end the availability of permanent alimony in Florida divorces. House Bill 943 was filed in late February; if passed, the bill would eliminate permanent alimony as well as allow alimony obligations to end upon the retirement of the obligor. Presently Florida is only one of a… Read More »
Can a $1 Billion Divorce Settlement be Disappointing?
With the median wealth for an American household at roughly $90,000, a satisfying divorce settlement may be in the tens of thousands of dollars (or more or even less, depending on the situation). Many people may be blown away when they hear of celebrity divorce settlements worth millions of dollars and that include vacation… Read More »
Social Media May Impact the Disposition of Your Florida Divorce
Marital issues or conflict can be emotionally troubling, and sometimes people tend to act out of character when having issues with their spouse or significant other. Individuals may engage in behavior in which they normally do not, such as going out with friends to bars or nightclubs or spending money irresponsibly. Often, these and… Read More »
What Factors does a Court Consider when Awarding Florida Alimony?
The end of a marriage can be a trying time, both emotionally and financially. For many people, fundamental aspects of their daily life will change dramatically, including where they live, how often they see their children, their day-to-day routine, and even whether or not they have a job. In some cases, one of the… Read More »
Use of Annuities to Improve How Alimony Works
All Family Law Group, P.A., is collaborating with The Planning Partners* to help our divorcing clients to improve their chances for an alimony settlement beneficial to both parties. Annuity contracts can provide a combination of either more benefits for the same money or at less cost for the same benefits and they can deal… Read More »
UPDATE: Alimony Reform 2013
On May 3rd, the 2013 Legislative Session ended without any reform to alimony laws. Governor Rick Scott vetoed SB718 and announced his decision in a letter dated May 1, 2013, to the Senate President, Don Gaetz. In the letter, Governor Scott concluded that “I cannot support this legislation because it applies retroactively and thus… Read More »
Proposed Alimony Reform 2013
Alimony Reform Bill, SB 718 was passed 29 to 11 by the Florida Senate on April 4, 2013. It will move to the House and if passed, it will likely be signed into law by the Governor. What follows is a summary of the present law enacted in 2010 and highlights of the changes proposed in the… Read More »
Economics of Growth: More Revenue and Less Non-Revenue Producing Expenses = Profit
The following article was written last year; however, it is applicable now. In my opinion, Jerry Reiss has a brilliant mind and a complete grasp of economics. JERRY REISS, A.S.A. ENROLLED ACTUARY 230 N. Orange Avenue, Ste 1112 Orlando, FL 33801 Phone: 321) 251-8205 Fax: (407) 871-7774 jerryreissasa@aol.com Vol. 10 No. 3 July 21,… Read More »
Alimony Revision in Florida Effective July 1, 2010 – Part 2
The new alimony law requires a finding that there is a need for the alimony, otherwise known as support or maintenance, and that the other party has the ability to pay. Once this is determined, then the court will look at the following factors to determine the type and amount of alimony to award… Read More »
