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South Florida Family Law Blog

How spousal support can help divorcing Florida couples

Divorce is a time of upheaval, even though it can also be the best solution for you and your soon-to-be-ex. One of the many ways that divorce can affect your life is in a financial manner. There will be costs associated with your divorce and there will be a new financial reality you will have to face as an individual when your spouse is no longer with you. So what considerations does the law make for this scenario?

Spousal support, or alimony, is a way that spouses can financially normalize after a divorce. Spousal support isn't included in every divorce, but if you qualify based on a number of factors, then you could end up paying or receiving this form of financial support.

Equitable distribution does not mean 'equal' distribution

The term "equitable distribution" brings to mind the idea of a fair or even division of assets. Equitable distribution is the way the state of Florida -- and most other states -- deals with property division during divorce. A handful of other states follow community property laws.

With equitable distribution, a court will decide what is a fair and equitable way to divide up the assets in any given divorce. This means that you aren't guaranteed 50 percent of the assets, nor are you guaranteed a 50 percent stake in any given asset. Instead, it simply means your financial fate and the vast majority of the wealth you have accumulated over your life will rest in the hands of a judge.

Welcome to the Blog Page of Cheryl Bucker, P.A.

Hello, and thank you for taking the time to visit the blog page for Cheryl Bucker, P.A., in Pompano Beach. We will regularly update posts we feel are helpful for educating our visitors and clients on possible legal matters. These could be general topic posts or recent news articles that might have an impact on our primary practice areas of  Florida family law, estate planning and probate administration. Please plan to visit often for updated posts.