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Unequal Distribution of Marital Assets in Florida Divorces: A Comprehensive Guide.

Property distribution.

While the division of assets in a divorce case may seem simple, there are complex nuances that often arise. In certain cases, the court may allow for an unequal distribution of marital assets. It is important to know when an unequal distribution of assets is warranted and under what circumstances a judge may consider awarding such a distribution. An unequal distribution of assets is permitted pursuant to section 61.075, Florida Statutes. It is important to note that there is no requirement for your attorney to plead for an unequal distribution in your divorce petition. The attorney can simply request an...

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What are the Tax Consequences of Alimony in Florida?

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Originally published on August 2018, updated November 2023 Alimony is not tax-deductible to the person paying the alimony and taxable as income to the recipient in Florida. Governor Ron DeSantis signed legislation on Friday (SB 1416) overhauling divorce law in Florida. The most sweeping change eliminates permanent alimony and revises the factors that courts must consider when awarding alimony. The new law took effect on July 1, 2023. The bill is not retroactive and will only apply to divorces filed on or after July 1, 2023. Read more: Permanent Alimony Eliminated in Florida Alimony Law, 2023 Effective January 1, 2019, alimony will no longer...

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New Tax Bill Eliminates Alimony Deduction in Divorces in 2019

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UPDATE: Permanent Alimony Eliminated in Florida Alimony Law, 2023 Governor Ron DeSantis signed legislation on Friday (SB 1416) overhauling divorce law in Florida. The most sweeping change eliminates permanent alimony and revises the factors that courts must consider when awarding alimony. The new law took effect on July 1. The bill is not retroactive and will only apply to divorces filed on or after July 1, 2023. As of January 1, 2019, the alimony tax deduction will cease to exist. This means that alimony paid by a spouse will no longer be tax deductible. Further, the spouse receiving alimony will no longer claim...

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Will Governor Ron DeSantis Sign Florida’s 2023 Alimony Reform Bill?

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UPDATE: Governor Ron DeSantis signed legislation on June 30 (SB 1416) overhauling divorce law in Florida. The most sweeping change eliminates permanent alimony and revises the factors that courts must consider when awarding alimony. The new law took effect on July 1. The bill is not retroactive and will only apply to divorces filed on or after July 1, 2023. Florida Alimony Law 2023: Permanent Alimony Eliminated Florida's legislature recently passed a bill that aims to change the state's alimony laws, which have been a contentious issue for many years. The bill, known as SB 1416, would revise the factors that courts must...

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Florida Alimony Reform 2023 – Alimony Bill in Florida

The Florida House gave final approval to bill that would overhaul Florida alimony laws. The measure (SB 1416) passed the House by a vote of 102-12. The Florida Senate approved the bill last month. It will go to Gov. Ron DeSantis to sign. The most sweeping part of the bill would eliminate what is known as “permanent alimony,” and set up a process for ex-spouses who make alimony payments to seek modifications. The bill would also create a formula for alimony payments based on the length of marriage. Gov. DeSantis vetoed an alimony bill in 2022. Former Florida Gov. Rick Scott vetoed two alimony...

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