When you get divorced in Florida, you want to make sure that you have enough money to cover your expenses. Alimony is money that one partner pays to another as part of a divorce agreement. Alimony is also known as support or maintenance. Couples need to address alimony as part of their settlement terms. The final decision of alimony will be made through the court and becomes part of the divorce order.
Types of Alimony
There are various types of alimony in Florida. The main types of alimony are permanent, rehabilitative, temporary, bridge-the-gap, durational, and lump sum. Permanent alimony is generally provided for a spouse who has not worked or does not have the ability to work. It is most likely awarded in cases in which the marriage lasted longer than seven years. Rehabilitative alimony is provided for a spouse to get training or go back to school to prepare for future employment. Bridge-the-gap alimony is of short duration, typically less than two years. It is designed to provide support during the transition out of a marriage back to single life.
Temporary alimony is supposed to cover the needs of one of the parties during the time period between separation and divorce. Durational alimony is designed to provide one party with support for a specific period of time and is an alternative to permanent or rehabilitative alimony. While most alimony payments are made on a payment schedule, sometimes alimony may be paid in a lump sum. This is most often done as a way to equalize the distribution in a divorce.
Factors Used to Determine Alimony
There are many factors that the judge will take into consideration when deciding whether to order alimony, and which type of alimony is appropriate. Some of the factors that the judge uses to determine alimony include:
- Length of the marriage
- Standard of living established during the marriage
- Financial resources of each party
- Age, physical and emotional conditions of both parties
- Earning capacity
- Contribution of each party during the marriage
- Tax consequences
- Responsibilities of minor children
Generally, the court tries to provide both parties with an equitable financial living arrangement following a divorce. In long-term marriages as with older individuals, the need for alimony may be increased. Younger spouses and those who are able to provide for themselves financially are less likely to need support.
Alimony is different for every couple, and the circumstances of divorce are unique for everyone. The courts will determine the best option based on the information you provide. If you are going through a divorce, you need an attorney who will advocate for your needs. At Henderson Legal Group, we have a team of lawyers who understand the many issues that arise during a divorce, including alimony. We will help protect your rights and ensure that you have the money you need for living expenses following the divorce. Contact us at Henderson Legal Group today to schedule a free consultation to discuss your needs.