Tuesday, September 24, 2013
From the Sun Sentinel:
Permanent alimony soon may be a thing of the past for Floridians who get a divorce.
Florida lawmakers are looking into rewriting the state's comprehensive divorce law, which some critics call archaic.
Some other key changes being considered include:
• Seeking a reduction in payments when divorcees retire.
• Automatic payment cuts if an ex-spouse loses a job or takes a salary reduction.
• Changing the way child custody is awarded.
• How to calculate alimony.
"Both sides agree that additional reform is necessary," said Alan Frisher, a Melbourne-based financial adviser who heads the group Florida Alimony Reform and has been pressing for legislation for two years.
For the full text of the article, click here.