Managing Child Support and Alimony Under Florida Divorce Laws
In the state of Florida, there are specific laws regarding what happens with alimony and child support in a divorce. If you are seeking to manage both pursuant to state laws, it’s important to know what to expect.
After you have filed for divorce, the judge will determine when and in what amount you are entitled to receive child support from your spouse. The court considers certain factors when determining the monetary amount of child support. They include the following:
• The net monthly income of both parents.
• The number of children who require child support
• Child related expenses such as daycare, health insurance, and uncovered medical, dental, and Rx expenses; and
• The amount of overnight timesharing with the parent paying child support
Of course, alimony is another big issue during a divorce. The court can order one spouse to pay alimony to the other. This is also sometimes known as “spousal support.” There are also certain factors considered when the court determines a financial amount for alimony. They include the following:
• Length of the marriage
• All sources of income
• Contributions to the marriage by each party
• Age and health of each party
• Standard of living throughout the marriage
• Tax issues of both parties
• Financial resources of both parties
• Earning capacity and education of each party
It’s important to know that child support and alimony payments cannot be deducted for tax purposes and that alimony cannot be considered income to the receiving party for tax purposes.
If you live in Sarasota, Bradenton, Lakewood Ranch, or Venice, Florida and are concerned about alimony and child support, then you need the help of the Law Office of Matthew Z. Martell. You will get to discuss your case with a Sarasota Florida divorce lawyer who can assist you. Contact the Law Office of Matthew Z. Martell at (941) 556-7020 at your earliest convenience to consult with Sarasota Florida divorces lawyers about your alimony and child support.