On June 30, 2023, Governor DeSantis signed CS/SB 1416 into law. This new legislation, amongst other changes, abolishes permanent alimony in the State of Florida. It also codifies a right to retire for those who are currently paying alimony.
Further, individuals married for less than three (3) years will not be eligible to receive durational alimony payments, and those who have been married for twenty (20) years or longer will be eligible to receive payments for up to 75 percent of the term of the marriage. Also, durational alimony payments will now be determined to be the obligee’s reasonable need, or an amount not to exceed thirty-five (35) percent of the difference between the parties’ net incomes, whichever amount is less.
This legislation takes effect on July 1, 2023.