When a couple decides to get divorced in Florida, one of the first decisions they will have to make is how to split up their assets and liabilities. This includes figuring out who will pay for child support and alimony. Here are the main differences between the two.
What is alimony?
Alimony, also known as spousal support, is a payment one spouse makes to their ex after divorce. Its purpose is to help the receiving spouse maintain a reasonable standard of living after their split or to at least one they were used to.
What is child support in Florida?
This is a payment from the non-custodial parent to the custodial parent to help cover the costs of raising a child. The amount payable will depend on the income of both parents and the number of children involved, among other factors.
The differences between alimony and child support in Florida
The court bases alimony on the needs of the receiving spouse, while child support on the paying parent’s income and the child’s needs: Florida court orders alimony payments when the other spouse may find it difficult to sustain the life they were accustomed to after divorce. However, when they become self-sufficient or remarry, the paying spouse can stop making payments. Alternatively, child support payments are based on the needs of the child. This means it only stops when the child becomes emancipated, turns 18, or finishes college.
Divorce in Florida can involve financial complexities that can be difficult to navigate. However, things can become easier if you fully understand what the law requires of you and adhere to them. But more importantly, always ensure, regardless of your situation, to get what you deserve.