Question: My wife filed for divorce shortly before learning she had cancer and is requesting alimony. We were married for almost 20 years and she was a stay-at-home mom for the most part, though she said she recently quit her part-time job because of her illness. At this point, it …
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The volatile stock market has many worried about how their retirement accounts and 401k’s are performing. In this edition of Money Made Easy, financial adviser Dan Danford addresses stock market fears and whether you should make changes to your 401k plans based on the market’s performance. Danford, CFP®, CRSP®, MBA, …
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Question: My wife is requesting I pay child support after we divorce. I have diabetes and must take insulin to live, though my health insurance doesn’t cover the entire cost. Can the cost of my uncovered medical expenses, such as the necessary insulin, be deducted from my income that will …
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Question: I am a 100% disabled military veteran who receives a pension and does not work. Is my soon-to-be-ex-wife entitled to any of this military disability pension money I receive on a monthly basis?
CONTINUE READINGQuestion: I currently pay child support to my ex-wife who was awarded primary child custody. I would like to start up my own business and was wondering if any of the revenue generated from this business could be used in calculating child support?
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In this edition of Money Made Easy, financial adviser Dan Danford answers a financial question from a viewer who is looking for professional help in investing. “At what point should you get a financial planner? I have some savings and a 401k, but do most financial planners only deal with …
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Question: When modifying child support, what documents do child support laws allow to be used as proof of assets? My ex-wife is asking for an increase in the child support I pay her. In asking for my income, her attorney requested I provide my car titles and my bank statements. …
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Question: When I was granted child custody several years I did not seek child support from my ex-wife. Now that my business is suffering and my ex is gainfully employed with a substantial salary, do child support laws allow me to request she pay me child support even though I …
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By Christian D. Barnard Divorce lawyer, Cordell & Cordell Child support obligations are inescapable, and wage garnishments are one of the tools states use to ensure those payments are made. Many clients ask me how child support laws handle garnishing wages for the purposes of collecting child support. Some are …
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Question: I’m looking for financial advice on divorce on child support laws. I recently took a job with a higher paying salary that my ex-wife does not know about. I already pay her child support, alimony, child care costs, etc., and the increased income is not very substantial. Do I …
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