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Providing for Your Child’s College Education in Your Divorce Decree

It is important to provide for your child’s college education before you sign that divorce decree. Make sure that your attorney has spelled out the college education that you, your ex, and your child have in mind. The specific language should provide the best financial outcome for your child and both parents. Beth Walker of College Founding Coaches provides the below checklist of things to consider, during your divorce process, regarding your child’s college education: 1. The parent with the least amount of income should have often have custody or be the residential parent (and the corresponding tax deduction for

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An introduction to Missouri spousal maintenance

Missouri maintenance law has some traditional and some modern aspects. For most divorcing couples, whether spousal maintenance – a legal obligation of money support payments from one ex-spouse to the other – is awarded can make a big difference in the future economic situation for each of them. Historically called alimony, Missouri statutes now refer to these support payments as maintenance. Negotiated maintenance First, the parties may decide to negotiate an agreement about whether maintenance will be paid as well as its terms such as amount and duration. Missouri allows the spouses to negotiate maintenance as the subject of a

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Child Support Concerns for Missouri Reserve & National Guard Soldiers

Due to the ongoing wars in Iraq and Afghanistan, many Missouri Reserve and National Guard soldiers have been leaving their homes and families to serve. Included in this group are soldiers who are receiving or who have been ordered to pay child support. Being called to active duty may necessitate a modification to the Missouri child support payments such service members receive or provide. Modification As a result of a deployment, a custodial or noncustodial parent may experience a change in their income which may impact the determination of child support amounts. Those who have been called to active duty

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Alimony tax deduction eliminated

The alimony tax deduction has been a staple of divorce law for a long time. The issue first arose to prominent in the U.S. Supreme Court case of Gould v. Gould, 245 U.S. 151 (1917). In Gould, the U.S. Supreme Court ultimately found that alimony was not tax deductible. In 1942, Gould was overruled by the Revenue Tax Act of 1942. Since that time, alimony (also known as spousal maintenance) has been tax deductible in divorce matters. Litigants in divorce matters have come to rely on the fact. However, under a new tax bill that was presented to President Trump,

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Child Support Enforcement and Resources in MO

Many parents depend on child support to ensure they have the funds necessary to provide for their children. Unfortunately, some parents attempt to avoid their responsibility to provide for their children financially. There are currently over 313,000 active Missouri child support orders. Noncustodial parents in the state owe more than $2 billion in back child support payments, which is why Missouri is stepping up and working to streamline its enforcement efforts. Missouri Child Support Enforcement Efforts One initiative currently underway is to eliminate the current paper employment filing process and implement a new website online where filings can be completed

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Calculating Missouri Child Support

When parents divorce or separate, determining how much child support each parent should contribute can often be a contentious issue. Every family’s situation is unique, and a variety of factors need to be considered to arrive at an appropriate calculation of child support. Some basic guidelines for Missouri child support determinations are discussed below. A Missouri child support attorney can provide further guidance based on each couple’s particular circumstances. Determination of Child Support Obligations in Missouri Missouri has child support guidelines that assist parents in figuring out the amount of child support they will either pay or receive each month.

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Changes to Illinois’ spousal maintenance & child support law

Recent amendments to Illinois’ maintenance and child support law will impact the amounts and duration of maintenance, as well as child support awards. After entering into marriages, it is not uncommon for Illinois couples to decide to split. According to the Illinois Department of Public Health, there were 33,789 divorces and annulments in the state in 2011 alone. That is the most recent year for which statistics were available. For many of these couples, spousal maintenance and child support are among the details that must be settled when finalizing a divorce. On January 1, 2015, significant changes went into effect,

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As breadwinning moms increase so do dads seeking spousal support

Women are the sole or primary breadwinners in 4 out of 10 households with children, according to a 2013 report by the Pew Research Center. This has happened by choice, by chance, or by need per a new survey of 2,000 working moms and dads conducted by Working Mother Media. These moms and dads speak out about how they feel about their roles. The ‘pleased’ vs. ‘reluctant’ breadwinning mom Breadwinning moms who didn’t choose to be the primary earners in their families tend to feel less satisfied about their lives than women who consciously selected the role: 29% of the

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New Missouri Child Support Website Will Improve Child Support Collections

There are many challenges facing single parent households. Financial challenges, especially the financial strain created when a parent actively avoids paying child support, can be especially frustrating and overwhelming for custodial parents. A new system set up by the Missouri Department of Social Services hopefully lessens that burden. The purpose of the website is to allow employers to quickly and easily report new employees who may have child support obligations. Federal and Missouri law require businesses to report employment of new hires within 20 days. Prior to the creation of the new website, reporting new workers in Missouri was a

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Sometimes a Paternity Test Might Not Be Advisable

Are You the Father? Sometimes, It Might Not Be Clear Truth be told, there are certainly some paternity and custody cases where the person thought to be the father may not be the father. There are also cases where a man has raised a kid to be his own later to find out that the child is not his biological child. Because of situations like this, it causes some fathers to seek a paternity test in court to be sure they are the father. The child’s birth generally adds up to a time period when sexual relations were taking place.

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Women more frequently ordered to pay child support

For many highly successful couples, issues of child support during divorce are complicated as both parents seek to give their child or children a similar standard of living between their homes. Historically, men were primarily responsible for child support, yet in recent years more women have been paying child support to their ex-spouses.High earning women can no longer assume that they will not have to pay child support to their ex-spouses. Bethenny Frankel, of various reality shows – such as “The Real Housewives of New York” and “Bethenny Ever After – has filed for divorce from her husband. In the

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Enforcing child support orders in the state of Missouri

Often, family law courts in St. Louis, and throughout Missouri, order child support for parents who have never been married, or those who are divorced. These monetary payments are typically made from noncustodial parents to custodial parents. They are ordered to ensure that both parents bear the financial responsibility of raising their children.While most people who are ordered to make such payments comply, there are those who fall into arrears. This may be by choice, or due to unavoidable circumstances, such as the loss of a job or a change in earnings. Regardless of the reasons why a parent is

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Prenuptial Agreements Line by Line

Aspatore Books from Thomson Reuters Westlaw
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Strategies For Family Law Illinois

Aspatore Books from Thomson Reuters Westlaw
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Strategies For Military Family Law

Aspatore Books from Thomson Reuters Westlaw

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