Divorce is expensive, especially when you have children. For parents who stayed home to raise the kids, job skills and money might be lacking. This can add financial stress to the divorce, but there are options that might help. You might be able to ask for alimony payments to help support yourself until you are able to get a job that offers financial support. If the children are with you the majority of the time, you might also get child support.
Financial support payments aren't usually one of the preferred topics for people who are going through a divorce. The fact is that these payments can have a big impact on what you have to deal with after the legal end of the marriage. We understand that most people don't want to have to continue to shell out money to an ex, but it is sometimes necessary.
When you have stayed home to raise your children, finding out that your spouse wants a divorce can be frightening because you might not have the means to support yourself financially. If the children will be living with you, thinking about the cost to raise them is probably on your mind. We know that these are valid concerns, and we might have an answer for you.
A child support order insures that a child's expenses are covered by both parents. In many cases, this order is going to require one parent to pay money to the other parent for basic care necessities. Also, the order may dictate how the child's health care is handled. It might establish which parent must keep medical insurance on the child.
Thinking about the money when you are divorcing isn't always easy. You have to consider what the court might say about support payments. There are two types that you might encounter. One is child support and the other is spousal support.
Financial support for children doesn't stop just because the parents get divorced. Instead, one parent will usually have to make payments to the other parent to use on the children. This is known as child support. When a child support order is issued, the current needs of the children and the financial situation of both parents is taken into account.
For people who don't have children, there often isn't much of a desire to keep in contact with an ex after a divorce. One thing might prevent you from being able to make a clean break from your ex -- having to pay alimony.
Many people know that child support is something that isn't going to stop until the child is at least 18 years old. What many people don't realize is that it is possible to get these orders modified when there are circumstances that warrant the change. Knowing what to expect during this process might help you determine if you need to take steps to change the child support order.
We recently discussed the fact that everyone needs to think carefully about alimony payments. Not everyone who files for a divorce will have to worry about alimony; however, when a case does make this necessary, you have to be ready to handle the situation properly.
Men and women who have given up on a career to become a stay-at-home parent or homemaker might not know what to do if they find out that a divorce is imminent. Unfortunately, this is something that happens all too often.