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New FLA Alimony Bill
Good Morning All:
Please see below link regarding new FL alimony bill, effective 7/1/23, that among other provisions:
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- eliminates
permanent alimony- allows alimony payers to seek modifications to alimony agreements under certain
circumstances- establishes formula
for alimony amounts based on length of marriage- sets a five-year
limit on rehabilitative alimony- may allow judges to reduce or terminate
alimony, support or maintenance payments after considering a number of
factors- would apply to existing permanent alimony
agreementshttps://www.nbcmiami.com/news/local/desantis-signs-bill-eliminating-permanent-alimony/3064096/
2023 Bill Summaries – The Florida Senate (flsenate.gov)
The new bill sets forth a process for ex-spouses who make alimony payments to seek modifications to alimony agreements.
It may allow judges to reduce or terminate alimony, support or maintenance payments after considering a number of factors, such as “the age and health” of the person who makes payments; the customary retirement age of that person’s occupation; “the economic impact” a reduction in alimony would have on the recipient of the payments; and the “motivation for retirement and likelihood of returning to work” for the person making the payments.
Feel free to reach out to us if we can assist in any way.
Steven Samuels CPA Forensics
cell 954 882 8563
email [email protected]
Thanks.
Schedule a meeting here https://calendly.com/steven0213
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