When you aren't in a relationship with your child's other parent, you may have a child custody and support order. You must ensure that you know what this order requires of you. As we discussed in our previous blog post, uninsured medical expenses are often a consideration in these cases. Knowing what you are responsible for now can help save you trouble in the future.
Some people think that a non-custodial parent's financial obligation to a child ends with child support payments. This isn't always the case. In many child support cases, uninsured medical expenses are another financial obligation that the non-custodial parent can have.
In our previous blog post, we discussed how some people might consider lump sum alimony payments instead of regularly occurring payments. There are many benefits and considerations for both types of alimony that you should think about if this is a factor in your divorce. We know that you might have some questions. We can help you get the answers to those questions.
Some divorce cases, especially high-asset divorce cases, may have alimony payments as a component of the divorce. If you are facing the prospect of having to pay alimony, you might consider a lump sum payment instead of having to get roped into making monthly payments. If you are the spouse who is getting the alimony, you should consider the benefits that you will have if you get a lump sum payment.