In the context of talking about child support, many people assume that the mother is the custodial parent, and the father is paying child support on a weekly or monthly basis. However, this is not always true and there are plenty of situations where a father has custody and receives child support from the mother.
Let's say you have filed for divorce in Illinois. You know you want to protect your rights as a father and you'd like to have a rough estimate of just what you'll be paying in child support -- and possibly alimony -- if it's applicable in your situation.
It seems that every time we turn on the TV or radio, or happen to glance at a celebrity gossip magazine while checking out at the grocery store, yet another celebrity is getting a divorce. And while it is true that many of these scandals are filled with outlandish accusations, and at times seem to drag on forever, the truth is that beneath the surface there are lessons that Illinois residents can learn.
Recently we posted on the fact that in divorce, spouses typically want to make sure their retirement accounts are protected. However, now with more and more baby boomers getting divorced, understanding not only retirement accounts, but also how all property could end up being divided in a divorce is essential.
In Missouri, how much a parent will pay in child support -- typically the non-custodial parent -- is determined based on guidelines that take into account parents' gross incomes and different necessary costs for the child, like medical and daycare. However, the truth is that when coming up with child support and divorce agreements, it's important to think well into future costs to prevent contentious arguments from coming up later on down the road.
It is not uncommon for fathers to feel like they have lost their place and have an uncertain status with their children after a divorce. Fathers may be left out of family events, friend circles and activities with neighbors they used to share their lives with. Fathers in Illinois and nationwide may have a difficult time adjusting to new personal and social arrangements after divorce.
When it comes to retirement savings accounts, like a 401(k), people often want the best advice when it comes to protecting those assets in the case of a divorce. And while the first piece of advice would be to plan ahead and have a prenuptial agreement before even walking down the aisle, for those without a prenuptial agreement, there are still other options that may be available.