A couple seeking a divorce, or dissolution of marriage, in Orlando or Central Florida with substantial assets may need to consider those assets when contemplating an award of alimony. In Florida, alimony will be determined only after the equitable distribution of the parties’ marital assets.
When equitable distribution leaves both parties with substantial assets, it may reduce the chances that alimony will be awarded. One consideration may be whether or not the assets produce income. However, even in substantial assets cases, disparity of income between the parties will be considered.
Florida law provides for several relevant factors to be taken into consideration when an award of alimony is being considered. It is important to understand these factors and how they may apply to your particular circumstances. The best source of information regarding alimony will be your experienced Orlando family law alimony and divorce attorney. If you are seeking a knowledgeable divorce attorney, contact Family Law of Orlando to schedule an initial consult with Wade P. Luther. Contact us by email or by calling (407) 835-9900.