If you are going through a divorce, do not pay expenses for your soon-to-be-ex-wife, such as marital home mortgage payments, and expect the court to give you credit for it later. The following case study example is loosely based on the facts from a recently released Appellate Court decision in …CONTINUE READING
How To Fit Child Support In Your Budget
One of the biggest challenges divorced dads face in the days following a divorce is figuring out how to budget responsibly. With inflation hitting record levels, this task is more daunting, and important, than ever. Divorce is often very expensive. During a recent podcast, Cordell & Cordell attorneys discussed strategies …CONTINUE READING
Financial Planning Tips To Help Mitigate Divorce Costs
When your marriage ends, the storm of divorce costs can leave you reeling financially. It takes some guys years to get back to a place of stability after losing thousands to attorney fees, filing costs, child support, alimony, and more. In recent months, with inflation hitting record levels and many …CONTINUE READING
Is A Bad Economy A Good Time To Divorce?
It is indisputable that the decision to go through with a divorce proceeding is heavily influenced by the status of the economy. Nowadays, it appears that many people contemplating a divorce do so in a very similar fashion to those determining whether or not to buy or sell stock. With …CONTINUE READING
3 Lessons To Learn From Jeff Bezos’ Divorce
The celebrity divorce of Amazon CEO Jeff Bezos and his wife MacKenzie after 25 years of marriage has generated thousands of news headlines as legal experts are weighing in on what might happen to their $137 billion fortune. This split will go down as one of the most expensive divorces …CONTINUE READING
How To Minimize Divorce Damage And Speed Your Recovery
The road to divorce recovery is typically long and arduous. Family court is set up in a way that tends to breed conflict, making amicable breakups tough to accomplish. Unfortunately, the divorce process tends to be even more challenging for men and fathers. So many guys end up with alimony …CONTINUE READING
Should More Dads Ask For Child Support?
Perhaps one of the biggest, and most costly, misconceptions about the divorce process is that fathers are not entitled to receive child support. This notion is rooted in the outdated assumption that persists in family court that the mother is the caregiver and the father is the family’s breadwinner.CONTINUE READING
The Biggest Child Support Mistakes To Avoid
Divorce is often complex, and even more so when children are involved.CONTINUE READING
Is Child Support Debt Consolidation Possible?
Falling behind on child support payments is one of the quickest ways fathers can cripple their finances, especially in states that apply interest charges. Child support debt can quickly snowball and lead to wage garnishment and in some cases even prison. Inherently, the child support system is especially harsh on …CONTINUE READING
3 Misconceptions About The Child Support System
Cordell & Cordell Co-Founder Joe Cordell has talked extensively about the many flaws of the modern child support system. In theory, the system should ensure that all necessary expenses needed to raise a child are covered, but in reality it often drives a wedge between families and creates excessive financial …CONTINUE READING