Florida HB 907 made some big changes to Florida alimony laws. These changes became effective on July 1st. Among the changes are the addition of three new factors for a judge to consider when making an alimony award in Florida:
- The responsibilities each party will have with regard to any minor children they have in common.
- The tax treatment and consequences to both parties of any alimony award, including the designation of all or a portion of the payment as a nontaxable, nondeductible payment.
- All sources of income available to either party, including income available to either party through investments of any asset held by that party.
These factors were added to the already-existing factors of Florida Statute 61.08. The changes apply to new alimony awards entered on or after July 1, 2010. The law changes will not provide a basis to change an existing alimony order.
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