Financial Advice on Divorce: Dividing Military Retirement Pay

Question: I’m looking for financial advice on divorce regarding the division of my military retirement. My ex-wife is getting part of my military retirement pay because we were married for part of the time I was in the Navy. We have both since remarried to other military members, and I …

How Fluctuating Income Affects Alimony And Child Support

By Daniel Exner Divorce Lawyer, Cordell & Cordell For a lot of divorced dads, income can fluctuate month to month, especially during these rough economic times with the national unemployment rate hovering between 9 and 10 percent. To try and be fair to both parties, the court may look at …

Can I Modify Child Support Because I Am Now A Stay-At-Home Dad?

Question: I am no longer working and am now a stay-at-home dad for my children. However, I still owe child support to my ex-wife for a child from our marriage. We are currently paying her child support from my current wife’s student loans, but we are really struggling financially. Because …

How To Re-Open Property Division Settlements If Your Wife Hid Assets

Question: I need some financial advice on divorce. During our divorce, my wife said it was impossible for her to find out how much money was in her retirement account, so we left it alone. I recently discovered that she can find out the exact amount and it is substantial. …

Modifying Child Support Because Of Miscalculation

Question: During my divorce process, I misunderstood the child support calculator and agreed to pay my wife significantly more in child support than is required. Now, because my tax status has changed, I take home less net income though my gross income remains the same. Do child support laws allow …

Money Made Easy: Tracking Your Net Worth

Tracking your net worth is more important than you probably think it is, according to financial adviser Dan Danford. In this edition of Money Made Easy, Danford answers the question: “Should I be tracking my net worth? Does it actually help you decide investment or saving opportunities if you know …

Child Support Laws: My Ex Is Lying About Her Income

By Melissa Knight Divorce Lawyer, Cordell & Cordell Unfortunately, it is not uncommon for parties in a divorce to “tweak” their financial statements to better suit their needs, particularly in child support cases. But what happens when years down the road you realize that your ex was not disclosing her …

Joe Cordell Discusses Dodgers’ Ownership Battle

Frank McCourt and his wife, Jamie, are locked in a heated divorce dispute over the ownership of the Los Angeles Dodgers. Though the McCourts’ battle is on a much larger scale, this type of property division battle happens every day in family law courtrooms, according to DadsDivorce.com founder Joseph Cordell. …

Can Child Support Be Modified If The Custodial Parent’s Income Increases?

Question: My question is about child support modification. Can child support be modified if the custodial parent’s income increases, but the non-custodial parent’s income remains the same?

How Can I Modify My Indiana Child Support

Ask A Lawyer Question: Regarding Indiana Child Support, Code § 31-16-8-1 regulation states that a modification can be made to child support upon showing (among other things) “(2)(A) a party has been ordered to pay an amount in child support that differs by more than twenty percent (20%) from the …