Am I Paying Too Much Child Support?

Money

Question: I recently signed my uncontested divorce decree. I had no attorney and feel I might have agreed to pay too much child support. We have four kids. I have to pay more than $600 supplemental security income to my oldest and an additional $865 in child support. I only

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When Does Child Support Start?

child support

Question: When do I become obligated to pay child support? Answer: While I am not licensed to practice law in your state, I can give some general guidance on this issue. Legally, you are not required to make child support payments to your spouse unless the court orders the payments.

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Sorting Out Inheritances During Divorce

inheritance

Question: My wife is hinting at a divorce and I don’t want to fight her. For the last six years we have been living off her inheritance she received when her father passed away. Most of that is in investment accounts, most of which are in her name only. Additionally,

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Combating Threats Of Back Child Support

back child support

Question: My wife and I have been separated since 2005 and I have always paid court-ordered child support. Since I started making a decent paycheck, my wife had decided to file for divorce. She is threatening me with back child support even though I have never missed a payment. What

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The Ongoing Problem Of Spousal Support

spousal support

Spousal support seems destined to remain in a state of perpetual flux. Even the name – alimony/spousal support/spousal maintenance – keeps changing. There are numerous reasons the spousal support system is so complicated – many of them deal with ever-changing gender and marital roles. To understand why the system is

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Child Support Doesn’t Stop During Unemployment

Stressed Over Money

Question: I have had a verbal agreement with my ex-wife for the last eight years regarding child support. Because of the economy, I have been unemployed for several years. I just recently gained employment and started getting my life back together, but now my wife has filed a show cause

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8 Financial Tips For Blended Families

blended families

The structure of the typical American family has changed dramatically. According to Pew Research, only 46% of U.S. kids younger than 18 are living in traditional families with two married heterosexual parents in their first marriage. Blended families – a family consisting of a couple and children from a previous

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DadsDivorce LIVE: Financial Planning During Divorce

Kotlikoff

One reason coming to a fair divorce settlement that both parties agree to is that emotion often clouds rational decision making. FairDivorceDecisions.com can’t eliminate the emotional element of divorce, but it can help divorcing couples objectively analyze the financial aspects of the divorce. Laurence Kotlikoff, an economics professor at Boston

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