Factors Determining Type and Amount of Alimony
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- Bridge the Gap Alimony
- Durational Alimony
- Permanent Alimony
- Rehabilitative Alimony
- Temporary Alimony
- The standard of living established during the marriage
- The duration of the marriage
- The age and the physical and emotional condition of each party
- The financial resources of each party, including the non-marital and the marital assets and liabilities distributed to each
- The earning capacities, educational levels, vocational skills, and employ-ability of the parties and, when applicable, the time necessary for either party to acquire sufficient education or training to enable such party to find appropriate employment
- The contribution of each party to the marriage, including, but not limited to, services rendered in homemaking, child care, education, and career building of the other party
- The responsibilities each party will have with regard to any minor children they have in common
- The tax treatment and consequences to both parties of any alimony award, including the designation of all or a portion of the payment as a nontaxable, nondeductible payment
- All sources of income available to either party, including income available to either party through investments of any asset held by that party
How is alimony calculated?
Since a Florida Judge may consider whatever factors fai ess and justice requires, a standard alimony calculation is not set by law and there are no specifications or standards for award amounts. Taking a broad view of all the factors, you can prepare for many of them since most are matters of record. Focus your energy and efforts on your side of the case, on the factors you feel should be considered in the process, especially since the financial outcome may be influenced by your efforts in proving your case. Finally, it is worth noting that once periodic or permanent alimony is granted, the Florida Family Court has the right to modify the award amount in the present and in the future. More information about type and amount of alimony.Article author
About the Author
Atto
ey Cheshire and his firm are highly dedicated to consistently providing competent, forthright and professional legal representation to all persons with legitimate claims or legal dilemmas requiring specialized and knowledgeable counsel. We litigate on the trial and appellate levels but make every determined effort to promote settlement.
If you have questions regarding Florida Alimony in the State of Florida, please contact: Eric C. Cheshire (561) 655-8844 or visit our website at http://www.cheshirefamilylaw.com
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