When an individual is going through a divorce, there are many personal and financial details that must be ironed out between each partner before the split is finalized. When couples with children are preparing to split, one of those critical details is child support logistics. Both parents are required to support their children after divorce in the state of Maryland, but how is child support obligation actually calculated?
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Divorce is a nuanced, and often lengthy process that will ultimately lead to the dissolution of your marriage. After the dust settles, the last thing you’ll want to discover is that a financial mistake or oversight could affect your financial situation for years to come. As such, let’s go over the most common mistakes individuals make throughout the divorce process.
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If asked to picture the divorce process, what would you imagine? Most people think of a court setting overseen by a judge who determines the outcomes of critical decisions like alimony, child support/ custody, and property division. While divorce court may be common, it’s worth keeping in mind that there are several alternatives that may be better suited for your family’s needs.
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