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October 2018 Archives

How does alimony affect your taxes?

When a couple divorces in Florida, the court may order one ex-spouse to pay the other alimony, also spousal support, if there is a disparity of incomes and one of the former spouses does not make enough money to support himself or herself. If alimony is a part of your divorce settlement, you may wonder how the money that you pay or receive in alimony will affect your taxes. 

Debt relief and divorce

Couples who are facing serious financial problems in Florida often end up making the decision to get divorced. When this happens, they may also want to evaluate a variety of options for how to address their debt. Filing for bankruptcy may be one solution they wish to consider but there are multiple factors that should be considered in order for them to make the right decision for their situation.

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