The first month of the New Year offers many Floridians the promise of a clean slate on which to write the story of their lives. Whether through resolutions or recommitments to the things that bring them peace and joy, individuals often seek to pursue actions and activities that will better their lives. One unexpected pursuit that a number of people often begin is the process of ending their marriages.
Divorce rates tend to increase in January, and there are a number of reasons for why this upward trend may occur. One is that parents do not want to disrupt their children’s lives during the holiday season. A more unique reason, at least for this year, is because the new federal tax bill eliminates the ability of an alimony payer to deduct those payments from their taxable income. As such, divorces finalized after the end of 2018 will not end with one spouse getting the benefit of that deduction.
Many individuals who want to end their divorces do so in January because it is a time when individuals commit to change. However, January is not the only month that sees elevated divorce filings. The spike in New Year divorces tends to extend through February and into March.
January is a busy time for individuals who wish to end their marriages. Because divorces can take on many different forms and can experience different questions and complications it is important that readers of this family law blog seek their own counsel on how to approach their unique marital dissolution. January is a popular time to begin the divorce process and those who wish to pursue it can benefit from securing trusted legal counsel before filing their pleadings.
Source: clickorlando.com, “Experts dub January ‘Divorce Month,’ as more couples decide to call it quits,” Jan. 15, 2018