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Posts tagged "child support"

New proposed laws in New York could affect child custody decision

When it comes to spouses getting a divorce when there are children involved, which parent gets custody of the children as well as how much child support is disbursed are two of the most important aspects to most parents and are often a contentious issue. New proposed legislation could directly affect and fundamentally change how child custody cases are currently being decided in divorces. New York, as well as 20 other states, are currently considering these new legislative bills.

Woman seeks high amount of child support from billionaire husband

New York readers may be familiar with the high asset divorce case of the ultra-wealthy Anne Dias Griffin and Ken Griffin, including their highly public battle over monthly financial support. The wife is seeking $1 million per month in child support. Her billionaire husband, a hedge fund manager, has refused her requests. 

Collaborative divorce may be a beneficial option

When approaching divorce, New York couples may be looking for ways to decrease expenses and avoid litigation. It is always a complex process when two people separate their lives and finances, but there may be ways to make this process easier on all parties. Collaborative divorce is an option for couples who are willing and able to work together to resolve certain issues, thereby avoiding court. 

When running a business together, spouses should always think ahead

It may seem hard to believe, but figures show that the national average divorce rate for first marriages currently sits at a whopping 52 percent, while the national average divorce rate for subsequent marriages sits at an astounding 70-plus percent.

Experts: 'Divorce Month' is officially here

Most people associate the month of January with new beginnings, meaning a renewed resolve to both fix lifestyle problems and try new things. For the most part, these new beginnings center on things like work, school, physical conditioning, hobbies and, of course, habits. However, recent studies have shown that for an increasing number of Americans, these new beginnings center on marriage and divorce.

How one state is looking to amplify already stringent divorce laws

The vast majority of people understand and appreciate that the decision to seek a divorce is not something to be taken lightly. That's because they know that while a divorce may enable them to start down a new path in life, it could result in major changes in their living arrangements, financial circumstances and, of course, family life.

Experts urge divorced parents to talk about holiday gifting

With the holidays officially upon us, hundreds of thousands of children across the U.S. are now counting down the final hours to when they get to tear open their presents and, at long last, enjoy the gifts that their parents bought for them. In fact, some children will actually go through this much-anticipated ritual twice because of their parent's divorce.

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