How is Child Support Calculated When We Have Equal Parenting?

Some parents, often through agreement, have 50/50 parenting plans, in other words, each parent has the children 50% of the time. They may assume that since they equally share the parenting, neither would owe any child support to the other. That, however, is generally not the case....

How Does Child Support Work?

Child Support laws vary greatly from state to state, but in Washington State, child support is calculated by completing a form called a child support worksheet (a bit like an income tax form). You list the income for both parents, take out certain allowable deductions, and come up with a net income...

Handling Your Finances During a Divorce

Divorce is not only an emotional split, it's also a financial one. It pays to know your financial rights and responsibilities before you divorce. Divorce can be financially devastating, so there are things to keep in mind before you divorce. Don’t be left in the dark. A Daily Finance article Headi...

Avoid Making Common Divorce Mistakes

Divorce is hard enough, but there are some things that divorcing people do that make the road ahead much harder financially and emotionally. By avoiding some common divorce mistakes and taking a proactive instead of a passive approach to splitting up you could avert even more heartache and stress....