Consequences of Not Paying Child Support on Time

Divorce negotiations help spouses divide property and other assets and responsibilities. These decisions have long-term repercussions that parents must carefully consider, such as debt assumption, mortgage responsibilities, and child support payments. What Is Child Support? Parents share the joy and … Continued

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Common Financial Mistakes Made When Divorcing

A marriage is a partnership. Whether both spouses worked full-time jobs or one party provided a substantially greater amount of income, when a marriage dissolves, assets should be fairly divided. This means appropriate child support, spousal support, and similar payments that … Continued

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How Are Spousal and Child Support Taxed?

Divorce proceedings can often beckon a slew of financial issues you may not have otherwise considered. You knew your tax filing would change once your divorce was finalized, but your filing status isn’t the only way divorce can affect your … Continued

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