The End of Permanent Alimony – Impact & Importance
The Daily Business Review published an article on 7/12, detailing the end of permanent alimony in Florida and what it means for people involved in divorces, past or present. The piece outlines alimony payment structuring under the new bill and explains the bill’s effect on existing alimony payments.
“While opponents of this new law claim older alimony recipients may be placed in a precarious financial position if payments are no longer open-ended, the good news is that people who have long been divorced will not be affected by the change in statute,” said Rebecca. “This should give everyone peace of mind, but it is also a stern reminder that marriage… is a serious arrangement that entails not only two people joining their lives together but also their finances.”
Read the story in full, click here.