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February 2016 Archives

Alimony might be changing in Florida

Changes might be coming regarding alimony payments in Florida, if proposed bills pass both the House and Senate. The proposed changes, however, faced opposition last year and did not pass, due to an equal parenting time clause. The House might be voting first on the updated bill and it would then go to the Senate.

Costly retirement asset division mistakes in a divorce

Florida residents who are going through the divorce process should be aware of some costly mistakes that are often made before a divorce is finalized. It is important to anticipate the tax liabilities that may be incurred when a portion of a retirement plan is transferred pursuant to a qualified domestic relations order. Any time the former spouse takes a portion of his or her benefit in cash, there is the potential for an early distribution penalty as well as income tax liability.

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Pilka & Associates, P.A.
213 Providence Road
Brandon, FL 33511

Phone: 863-236-9321
Fax: 813-651-0710
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Lakeland Office
256 North Kentucky Avenue
Lakeland, FL 33801

Phone: 863-236-9321
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Local Number 863-236-9321

Local Number 813-502-1097

Fax Number 813-651-0710

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