Know the Financials Before Divorce

Thursday, the Florida Senate passed alimony reform legislation (SB 718) by a 29-11 margin. The Senate sent a strong message to Floridians that current alimony laws will change. If proponents succeed in the House next week, permanent alimony will be harder, if not impossible, for spouses in long-term marriages to get.

The bill allows existing agreements to be modified to reflect the new law.

The ramifications of such a drastic move would be far reaching for everyone — payers, alimony recipients, children of divorced parents. Although there have surely been abuses under current law, rather than reform, the bill is a complete overhaul of a system that works — albeit not perfectly. Many divorces are handled through mediation, which is now required by law.

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Written as a remedy for a minority of men and women, the bill leaves the majority of alimony recipients at risk.

Click here to continue reading the original article from The Miami Herald.

Failla, Jennifer, “Know the financials before divorce.” Weblog entry. The Miami Herald. April 5, 2013. Accessed April 10, 2013, from http://www.miamiherald.com/2013/04/05/3325753/know-the-financials-before-divorce.html.
Read more here: http://www.miamiherald.com/2013/04/05/3325753/know-the-financials-before-divorce.html#storylink=cpyChagnot, Annie, “From Humiliation to Appreciation.” Weblog entry. The New York Times. April 18, 2013. Accessed April 22, 2013, from http://www.nytimes.com/2013/04/21/fashion/from-humiliation-to-appreciation-modern-love.html?pagewanted=all&_r=0.

Article Writen by: Divorce Without War April 10th, 2013

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