About Unallocated Family Support in Florida

Our Jacksonville Family Lawyers Can Explain Your Options

Our Jacksonville family law attorneys at Owenby Law, P.A. represent clients in all matters related to divorce, family law, child custody, alimony, and child support. We have been successful in developing strategies that are beneficial to our clients and their children. One of the ways we accomplish this is by exploring the optimal payment structures for our clients who are entitled to receive both spousal support and child support. If you are seeking a divorce in Nassau, St. Johns, Duval, or Clay County, our firm can help you learn about the benefits of unallocating child support.

To schedule your free initial consultation, contact Owenby Law, P.A. at (904) 770-3141.

Understanding the Tax Benefits of Unallocated Family Support

In many cases, a Florida judge will order one of the parties in a divorce to pay both alimony and child support. The amount that is to be paid for each is typically outlined in the divorce settlement. For the party who is paying, the spousal support may be tax deductible, but the child support is typically not. However, unallocated support allows you to combine child support and alimony so that the entire payment is tax deductible.

What are the benefits of unallocating child support as spousal support?

  • The tax-deductible portion of the settlement increases
  • It decreases the tax burden for the party who is paying support

This approach does not reduce the overall amount of support that the ex-spouse and the child receive. Unallocating and reallocating child and spousal support payments generally requires the approval of all parties involved, as well as the authorization of a judge. At Owenby Law, P.A., our Jacksonville divorce lawyers have been successful in getting divorce settlements modified to accommodate this sort of payment strategy.

Contact the Team at Owenby Law, P.A. for Experienced Legal Guidance

Our dedicated law firm has years of experience serving the men and women of Northern Florida counties like Duval, Clay, Nassau, and St. Johns. We have an unparalleled record of service to our clients and an impeccable reputation in the field of family law. If you are required to pay both alimony and child support, or you are receiving payments and believe that it would be mutually beneficial to cut your ex-spouse's financial outlay, we are here to assist you in any way that we can. Our Jacksonville divorce attorneys can explain your options when you arrange a free consultation.

Call Owenby Law, P.A. to learn more about your options. Initial consultations are free!