Getting a divorce can be difficult emotionally. Moving on to something new can be a bit intimidating, especially if your dissolution of marriage leaves you financially strapped. Thankfully, there are Florida residents who may qualify to receive alimony as part of their divorce settlements, which can help them stay economically afloat.
So, how does alimony work? Who is eligible? How long may I receive it?
What is alimony?
Alimony is, in short, financial assistance one provides to his or her ex. Why? A judge will generally grant this in cases where the receiving spouse is at an economic disadvantage or has been dependent on his or her spouse over the course of their marriage.
There are several factors that the court will look at before deciding to warrant alimony in your case. These include but are certainly not limited to:
- Age of each spouse
- The length of the union
- Earning capacity of each spouse
- Education of each spouse
- Marital standard of living
- Health of each spouse
At the end of the day, the court may use this information to determine alimony eligibility, and it will also help a judge decide the duration in which one will have to pay spousal support.
The five types of alimony in Florida
There are five different kinds of alimony offered in Florida. These are:
- Rehabilitative: Used to help the receiving spouse while he or she looks or prepares for a job
- Bridge the gap: Used to help the receiving spouse transition to single life
- Permanent: Paid until either spouse dies or the receiving spouse remarries
- Durational: Paid only for a certain amount of time
- Lump-sum: Any type of alimony paid in a one-time payment
How alimony is paid
The paying spouse will need to submit the payments to an approved depository, which then sends the funds to the receiving spouse. Doing it this way helps both spouses keep track of the funds and prevents any unnecessary contact.
Get help seeking spousal support
A judge does not automatically grant alimony in every Florida divorce case. If you believe you meet the eligibility requirements, you and your legal counsel can request for it to be included in your final divorce settlement. If approved, your personal circumstances and the details of your marriage will determine how much you get and for how long.