Financial Support

Divorce Derailing Retirement

Divorce Derailing Retirement

 
The baby boomer generation has been divorcing at alarming rates for the past decade or so.  In fact, divorce rates over the age of 50 have doubled in the past 20 years.  Middle-aged divorce, especially divorce after 50, can have an incredibly detrimental impact on retirement.  
Women are disp…

Divorce, Social Security and Remarriage

Divorce, Social Security and Remarriage

Social security is often misunderstood. Many clients struggle to understand their own benefits, let alone their spouse, or ex spouse’s. Unfortunately, this means many Americans are failing to receive their full benefits. According to a survey conducted by MassMutual more than 55 percent of Americ…

Tips for Successful Co-parenting

Is President Obama limiting child support obligations for prisoners?

President Obama has decided to move forward a proposition to limit child support obligations for prisoners during the time they are incarcerated.  Those who support this action argue that current child support obligations strap prisoners with insurmountable debt that inhibits their ability to ree…

Divorce Derailing Retirement

Managing Retirement and Divorce

We appreciate that divorce can be complicated. Even where parties agree on all the issues it can be important to speak with a family law attorney regarding some of the more “hidden” aspects of divorce. Many clients have a firm grasp and understanding of their personal property; one person gets gr…

Employer Caught Stealing Money from Child Support Payments

The Financial Impacts of Divorce that You Need to Think About NOW

If divorce is looming, now is the time to start thinking about money. Divorce can impact your finances for many years to come so get a game plan and follow that plan.
Immediate Costs/Considerations
Each person’s facts are different but here is a list of some immediate financial considerations:…

States Wrestle with New Spousal Maintenance Realities

States Wrestle with New Spousal Maintenance Realities

Stereotypes of spousal maintenance normally have the man paying maintenance to the woman, but in today’s world the income of men and women are much more equal than just a few decades ago. This has lead to numerous challenges about whether or not spousal maintenance is really necessary. And with t…

Track your Child Support Payments

Track your Child Support Payments

When you pay child support, it is very important that the Division of Child Support knows how payments are being arranged, but it is also important to keep an eye on your credit. Child support agencies can report child support arrears to credit agencies, and ruining your credit report.
One man i…

Employer Caught Stealing Money from Child Support Payments

Employer Caught Stealing Money from Child Support Payments

There are many stories about deadbeat parents who don’t pay their child support, but paying child support is more than just sending checks to your ex. There is actually a long chain of individuals that assist in the process. Employers are one important chain. Most of the child support in this cou…

Never Use Child Support as a Weapon

Never Use Child Support as a Weapon

Child support is meant for one purpose, to make sure that child is financially supported after a divorce. But there are times when a custodial parent tries to use child support as a weapon against their ex, seeking their financial destruction. This isn’t fair to the child, and it’s not fair to th…