Florida lawmakers have attempted to reconfigure the alimony
laws for many years. A newly revised law has been passed by the Florida
legislature and now awaits the governor’s consideration. If the governor does
sign the law, many Florida residents wonder about how the revised law will
change child custody and asset division, among other issues.
If passed, the new law will set time and amount limits on
alimony payments. The recipients will receive an amount of money that is based
upon their income at the time of the divorce. Furthermore, payments will only be
required for a time period that cannot exceed one-half of the time that the
couple was married. Only one state, however, has passed legislation similar to
Florida’s proposed law during the last few years.
Under the new law, judges, in most of the cases, will have
to order the couple to share equal custody of the couple’s children. They would
also have the ability to make amendments to existing alimony agreements. This
could create problems, since sometimes one spouse has made concessions so that
they could receive alimony payments over a longer period. Conversely, the
spouse who requests alimony may have relinquished her or his rights to another
asset, perhaps even a home, so that he or she could receive more alimony.
Another thing that has not been made clear is if it will
permit any exceptions. If spouses want to create agreements about the length
and amount of alimony payment when they negotiate asset division, will the law
permit them? If a couple wants to extend or increase alimony payments because
the paying spouse will receive the house without “buying out” the non-paying
spouse as they negotiate during divorce mediation, will the law allow this
arrangement? At the moment, no one knows if Florida’s governor will sign the
legislation, or if he will return it to lawmakers for further consideration.
Source: Fox Business, "Florida Bill Would Limit Spousal
Support, Will the Trend Spread?" Kate Rogers, April 24, 2013