A divorce can be an emotionally trying event for anyone and it can create havoc on finances. If a divorce has left you with less finances than before, re-evaluating and creating a new budget can help you gain financial security and prevent ruining your credit and mounting debt. The first …
CONTINUE READINGQuestion: My question is about calculating child support if you already support a child from a previous relationship. I have sole physical custody of my son from a previous marriage. I am getting a divorce from my current wife and am wondering how child support will work for my child …
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Question: Do you have any financial advice on divorce when it comes to dividing retirement and mutual funds? My wife and I have reached a proposed agreement to divide the retirement accounts and that each of us will retain any stock, bond, or mutual fund that is held in one …
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By Daniel Exner Mens Divorce Lawyer, Cordell & Cordell Being unemployed and facing child support payments is a scary proposition. It gets even more daunting when courts impute income to an out-of-work father. In child support cases, many jurisdictions allow the court to impute income to a party who makes …
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Question: Do child support calculators consider the reason for a person’s unemployment when setting the final amount? My soon-to-be-ex-wife just got herself fired for gross misconduct. Since she now has zero income it is likely my child support payments will be higher. Will the child support calculation take into account …
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Question: I’m looking for financial advice on divorce in terms of how assets will be divided in a divorce. Is one’s salary considered a joint asset after the date of separation but before the final divorce? Also, what about stock awards which vest after the separation date? How are stocks …
CONTINUE READINGQuestion: My question relates to child support. I have a child from a previous marriage that I’m currently paying support for. I recently got married and we are expecting another child shortly. Can I request a child support modification because I will have another child to support?
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Question: My wife and I are getting a divorce, and she is requesting alimony. I have traditionally provided for the family financially, but my income is a fraction of what it used to be. I currently am dipping into our savings just to offset expenses. Will the court consider how …
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Question: Do child support laws outline what funds are to be used to pay child support? My brother is extremely wealthy and has been giving me several thousand dollars a month because I am unemployed. My soon-to-be-ex-wife is threatening to make me brother pay for my child support obligations since …
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Question: What are the consequences if I fail to pay the full amount of child support this month? I am required to pay the full child support balance on the 1st of each month. However, this coming month I will not be able to pay the full amount until I …
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