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December 2014 Archives

Divorce and the 401(k)

A married individual's 401(k) is generally split between the spouses in the event of a divorce. As with all marital assets, the amount of the division is meant to be equitable and is based on a variety of factors including the length of the marriage, the contributions each spouse made to the marriage and the way the rest of the marital assets are divided.

Understanding what child support actually covers

Connecticut residents may not be aware that there are some common misconceptions concerning what child support covers, beyond the bare necessities of food and clothing. Every state has established guidelines in order to determine the monthly amount necessary to support the needs of the child. In actuality, child support is often meant to cover a larger range of expenses, including things like extracurricular school activities, school-related fees, medical expenses and even basic entertainment.

How is child support enforced in Connecticut?

Connecticut parents finalizing their divorces often suspect that their ex-spouse may refuse to pay child support, particularly when non-custodial parents are unhappy with court decisions regarding child custody. Despite court orders, parents who owe child support may work for unreported earnings, leave the state or take other measures in order to avoid paying. Parents who are having difficulty collecting child support from non-custodial parents can seek IV-D services. The Bureau of Child Support Enforcement provides these services to locate parents who owe child support and to act to enforce the child support order.

Catering to the best interests of Connecticut children

Whether the child's parents come to their own custody agreement or a family court judge creates a custody agreement, the best interest of the child always comes first. This usually entails anything that will keep the child safe, happy and fulfilled. Ideally, both parents will share in the parenting duties in a manner that will foster a strong relationship with that child.

Property division during a divorce

Those in Connecticut who are contemplating a divorce may have an interest in learning more about the process. Though many people are aware that divorce can indeed be an emotional affair for all involved, some may fail to also consider the financial implications that a divorce can have. As such, they may inadvertently invite a degree of complication into the divorce process than would otherwise be necessary.

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