College financial aid applications can be confusing for both you and your children. Even some that may seem relatively easy, such as the FAFSA, are full of nuances you and your child may not have considered. For example, who is the “custodial” parent? It could be that your child views the custodial parent as both of you if you have…
It is reasonable for people who live in Connecticut to be worried about their finances if or when they get divorced. The impact of splitting assets and finding how to support oneself on a solo income after becoming accustomed to a married income lifestyle is no easy task. For some people, the experience may actually be a contributing factor to…
The age at which people have their first child has been changing in the United States. Like the age at which they get married, it has been going up. Recently, the U.S. census determined that the average age of a woman who was having her first child was 30 years old. This is the highest in recorded history within the…
Many people see financial success as a positive for their relationship. For instance, maybe they’ve heard that divorce is more likely after job loss, which is true. Perhaps they’re just thinking about how financial stress often causes couples to have conflicts that may eventually lead to divorce. Wealth can reduce some types of financial stress, so it seems like it…
As the new year rolls around, it’s time for co-parents to review and refresh their parenting plans. Why? A parenting plan, essentially a roadmap for raising children post-divorce or separation, benefits greatly from regular assessments and updates and the start of each new year is a great time to engage in these efforts. The practice of reviewing one’s parenting plan…
If you have spent the summer divorcing, then you and your child might be looking forward to their return to school. It can free up your time, which may have been in short supply as you juggled caring for your child with handling the divorce and your other responsibilities. As for your child, they may be looking forward to returning…
Like many in Southport, you may find it hard to understand the notion of your 401k being an asset that is subject to property division. After all, your account is any available through your employer and is typically supported solely by your income (as well as any matching funds offered by your employer). Why, then, would it be considered a…
In Connecticut child custody cases, one parent may be awarded physical custody while the other parent is granted visitation rights. The precise nature of the custody arrangement depends on the best interests of the child. Nonetheless, it is not always feasible for the non-custodial parent to have unsupervised access. Supervised visitation allows non-custodial parents to see their children in a…
There is virtually no aspect of the divorce process that is easy for individual spouses to navigate. Yet, it is undeniable that some aspects of this undertaking tend to be more challenging than others. For example, if you and your spouse need to divide significant marital assets, it is unlikely that this process will be straightforward. As a result, it…
Divorce is undoubtedly a life-changing event that can bring about various challenges, especially when there are children in the picture. As a responsible parent, navigating the territory of new romantic relationships after divorcing requires sensitivity, open communication and a clear understanding of your child’s emotional needs. Below is a quick guide through discussing new relationships with your child, addressing their…