Tuesday, December 12, 2017

Are You The Moneyed Spouse? How to Save Legal Fees in a Divorce.

In a divorce, the new laws require the court to calculate spousal support and child support and to direct the moneyed spouse to pay the legal fees (all or part) for the non-moneyed spouse. So, if you earn for example you earn $300,000.00 per year and your spouse earns $50,000.00 per year, a court will direct you to pay spousal support and legal fees in addition to child support if there are children. So, if you leave the marital residence, do not wait for a judge to order you to pay. Find out from a lawyer what a court would order you to pay, and pay 95% to 100% of that amount voluntarily. And if your spouse retains an attorney, voluntarily send him or her check for legal fees, a reasonable amount, not too low or high. Read more →

Monday, December 4, 2017

Yup, Divorce Sucks, Deal With It

Maybe you did not ask or want to get divorced, but you’re in court now for divorce and custody, as well as all the other issues, including but not limited to: equitable distribution of assets and debts; and spousal and/or child support. You want to drag it out to keep the family under one roof until your youngest graduates high school. You remember stories of your friends who went it through it and it dragged out for over four years. Not anymore due to the new laws and rules. But how are you going to afford to live without your spouse’s income added to yours and having to deduct support payments? Don’t ask me, but there are those who find a way with less than you earn. Yes, they do pay less in support, and have even less left over. Read more →