Many couples set up a college savings account with the intention of planning for their child’s higher education expenses. However, once a couple decides to divorce, the assets in that account need to be addressed.
Couples often forget to consider college savings accounts during the divorce process, which can...
Parents have an obligation to continue financial support for their children regardless of the status of their relationship. In the case of divorce or separation, one parent may be legally required to pay child support to help provide for the child’s needs.
Technically, child support funds belong to the...
Divorce comes with a huge number of considerations. At the onset of a divorce, most people are immediately concerned with the biggest questions about dividing assets, determining custody, and identifying what type of alimony and child support arrangements will be set in place.
However, soon enough, spouses begin...
