Q: Is alimony in FL calculated on net income of a business if self employed or income tax return after itemized deductions?
So my husband wants me to sign a separation agreement in the meantime before going through the process of divorce but the problem is that his income the past year was just half the amount of what he will be making this coming year since he just have this business opened for the last 6 months. So if I do agree to that amount on the separation agreement can I later on request in court or through mediator an increase on alimony based on the income increase? How about also for child support?
Another question I have is what is the meaning of equitable distribution release?
A: Most important, do not sign anything without speaking with a local family lawyer. Child support is always modifiable until the child turns eighteen. Alimony on the other hand can be modifiable or non-modifiable. Equitable distribution means the division of the marital assets and liabilities. A waiver would mean that you would each keep what you have. Again, speak with a lawyer before you sign anything.
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