Can alimony be waived in a divorce settlement?
Yes, alimony can be waived in a divorce settlement in the state of Florida. Alimony is a court-ordered payment that one spouse must make to the other in order to provide financial support while the divorce is in process. While alimony is often seen as an automatic part of the terms of a divorce, in some cases both parties can agree to waive alimony if they feel both parties will be able to be financially secure without it. Before either spouse can waive alimony in Florida, they must fill out and sign a form called the Waiver of Final Permanent Alimony. The form must be signed by both spouses and also by the judge presiding over the divorce in order to be valid. This form states that both parties are giving up any right to receive alimony and that they are both responsible for their own financial support after the divorce is finalized. In some cases, alimony can be waived but other forms of support, such as child support, must still be awarded. So any agreement to waive alimony should be made in writing and should be reviewed by both parties and their attorneys to make sure that neither party will be left without financial support after the divorce is finalized.
Related FAQs
When can an alimony agreement be terminated?Can a court award alimony to both spouses in a divorce?
Are alimony payments considered part of the marital estate?
What happens if the payor moves out of the country?
How is alimony affected by cohabitation?
Are alimony payments taxable to the payor in some states?
What is alimony?
Are alimony payments deductible for the recipient?
What is the difference between alimony and spousal support?
Is alimony considered a form of child support?
Related Blog Posts
'Demystifying Alimony Law: What You Need To Know' - July 31, 2023'Divorce and Alimony: Understanding Your Rights and Responsibilities' - August 7, 2023
'Tax Implications of Alimony Payments: How to Protect Your Finances' - August 14, 2023
'How to Calculate Alimony Payments: A Step-by-Step Guide' - August 21, 2023
'Alimony Modifications: Know Your Rights and Options' - August 28, 2023