The implications of the Tax Reform Law would affect almost every aspect of American living, including divorce. Alimony, for instance, is set to change under the new ruling. It is typically the higher-earning spouse which pays the alimony; this difference in tax brackets provides benefits to both parties, especially to the recipient. Under the previous…
Category: Journal
Structured Guidelines for Alimony in Florida
Alimony is the term used for the amount of money paid to an ex-spouse as a form of support. After a divorce, the decision whether or not to grant alimony is based on a number of factors, which means that the amount of maintenance to be paid cannot be solely derived from a mathematical formula.…
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