The Prince Law Group, LLCStamford Divorce Lawyer | CT Family Law2024-03-19T03:30:08Zhttps://www.wendyprince.com/feed/atom/WordPress/wp-content/uploads/sites/1503511/2023/04/cropped-ThePrinceLawGroupLLC-site-icon-32x32.pngOn Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=519992024-03-19T03:30:08Z2024-03-19T03:30:08ZThe impact of duration on alimony
Generally, longer marriages tend to result in higher spousal support payments. This is because a longer marriage often means a greater level of financial interdependence between the spouses. It may be more likely for one spouse to require financial support from the other after divorce.
Strategic delays and factors affecting alimony
Some individuals may attempt to exploit this correlation by prolonging the divorce proceedings. However, courts consider various factors when determining alimony awards. The length of the marriage is not the only concern.
The factors typically include each spouse's financial situation, earning capacity, contributions to the marriage and standard of living during the marriage. In Stamford, Connecticut, the median household income is $100,718 and may drop after a divorce.
Simply prolonging the divorce proceedings by a few months or a few years may not guarantee a higher alimony payment if other relevant factors do not support such an outcome.
Judicial discretion and fairness
Courts have discretion in determining alimony awards. Their primary goal is to ensure fairness and equity. Judges are generally adept at discerning whether delays in divorce proceedings are genuine or strategic. They are unlikely to reward tactics aimed at manipulating the system to secure a higher alimony payment.
Ultimately, fairness and equity guide the decision-making process in divorce cases.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=519842024-02-28T14:52:00Z2024-03-01T14:51:52ZConsistency in child care
Sharing a nanny between households can provide stability in child care routines. It is one way to ensure that children receive consistent care regardless of which parent's home they are in. This consistency can help children feel secure and minimize the disruption from a divorce.
Familiarity
Having the same nanny can maintain familiarity for the children. They already have a bond with the caregiver, which can ease the stress of adjusting to post-divorce life.
Cooperative parenting
Sharing a nanny requires a high level of cooperation between divorced parents. They must communicate effectively, coordinate schedules and resolve any conflicts that may arise. This arrangement can promote healthy co-parenting dynamics. It may show children that their parents can work together for their well-being.
Potential challenges
Sharing a nanny between households does come with challenges. Differences in parenting styles, household rules and expectations can lead to conflicts between parents and the nanny. Additionally, logistical issues such as transportation between homes and scheduling conflicts may arise. A job description unique to the shared situation can be helpful.
Privacy and boundaries
Sharing a nanny may also blur boundaries between ex-spouses. Privacy concerns may arise, especially if the nanny is privy to sensitive information about each household. Parents need to establish clear boundaries and communicate openly about expectations regarding privacy and confidentiality.
Whether it is a good idea for divorced parents to share the same nanny depends on various factors. Ultimately, the decision should prioritize the well-being and best interests of the children. It should account for the unique dynamics of each family.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=519232023-12-19T21:46:05Z2023-12-19T21:46:05ZThe bonus conundrum
Bonuses, a common variable income component, present a unique challenge in divorce cases. Unlike fixed salaries, bonuses often depend on factors such as continued employment or meeting specific performance metrics. The treatment of bonuses hinges on the nature of the bonus and the timing of its receipt in relation to the divorce process.
Contractually guaranteed bonuses
About 40% of private workers have access to bonuses. If a bonus is contractually guaranteed, one spouse earned it during the marriage, even if received post-divorce finalization. In such cases, the bonus becomes subject to division between the divorcing spouses. This scenario is less common, as employment contracts typically do not explicitly promise bonuses.
Non-guaranteed bonuses and timing
For non-guaranteed bonuses, the handling varies based on the marital status at the time of receipt. If the spouses are still legally married when the bonus happens, it is generally subject to division. On the contrary, if the spouse gets the bonus after the divorce is final, it may not be marital property and may not require sharing.
Understanding these nuances is important for individuals navigating the complexities of divorce proceedings and striving for a fair division of assets.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=519152023-10-02T16:18:23Z2023-10-02T16:18:23ZGather financial documents
Start by collecting all your financial records, including bank statements, tax returns, investment portfolios, and mortgage documents. Having a clear picture of your financial situation is crucial for negotiating a fair settlement. You may have trouble accessing them once you separate, so gather the records in advance.
Open a separate account
Joint accounts can be problematic during divorce proceedings, as both parties have access to the funds. It's advisable to close these accounts or have one party removed to prevent any unexpected financial surprises. Opening a separate individual account ensures that you have control over your own finances and can manage them independently.
Review your assets and debts
Take stock of your marital assets and debts. This includes property, investments, and outstanding loans. Understanding what you need to divide will be essential for negotiations.
Create a budget
Establish a post-divorce budget that outlines your expected income and expenses. This helps you determine how to maintain your lifestyle and meet your financial obligations after the divorce.
Consider the tax implications
Different assets have varying tax consequences when dividing them during a divorce. Seek professional advice to minimize tax liabilities and ensure that asset division is fair to both parties.
Understanding the implications of divorce on your financial position helps you take the necessary steps in advance. The average divorce costs approximately $15,000, which is why you should plan for your financial needs before you file.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=519142023-09-12T20:33:58Z2023-09-12T20:33:58ZChanging interests
The twenties are a time of personal growth and exploration. Many people use this period to understand themselves better, identify their values and determine their long-term life goals. This self-discovery can lead to a reassessment of the compatibility and shared aspirations within a marriage.
Financial issues
By the age of 30, many individuals have achieved a certain level of financial independence and stability. This financial security can embolden people to pursue divorce if they feel unhappy in the marriage. The ability to sustain themselves financially gives them the confidence to face the challenges of divorce and embark on a new chapter.
Social pressures
Social dynamics and changing norms also contribute to the trend. Unlike earlier generations, societal pressures to stay in an unhappy marriage are no longer there. Divorce does not have a stigma to the same extent, and people are more willing to take the step if they believe it is the right choice for their happiness. As a result, couples are more likely to separate when faced with difficulties instead of enduring a lifetime of discontent.
Personal fulfillment
Furthermore, the quest for personal fulfillment has become increasingly important. Individuals in their thirties often prioritize their own well-being and happiness. If a marriage no longer contributes positively to their personal growth and happiness, they may choose to end it in pursuit of a more fulfilling life.
While every situation is different and averages are simply a number, it does make some sense that divorce is more common for people in their 30s. Life changes and people now realize they do not have to stay in a marriage if it is not providing them what they need.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=519032023-08-04T15:35:14Z2023-08-04T15:35:14Zdivorces involve children. Child support and extra expenses can be unclear. Therefore, this is what you should know about extracurricular and back-to-school expenses.
Sole physical custody coverage of expenses
When you got divorced, the courts determined how much money you had to pay or would receive in child support. The judge intended this amount to cover all expenses, especially in sole physical custody cases. The judge intended for the child support to cover all extracurricular activities and back-to-school expenses as well as the regular costs of raising your children.
Joint physical custody of expenses
If you received joint physical custody, a judge may order you and your spouse to pay for half of these expenses. The custody agreement and child support order should stipulate that you share these expenses.
What you can do
First, try to work out an agreement with your former spouse on the extra expenses. Do your best to negotiate a solution that works for you both. This is often the best option. However, you can also return to court to request an increase in your support. The judge may or may not adjust your support. However, you often need to prove significant circumstantial change to gain this increase.
As children grow and change, their interests do as well, which can increase your expenses. Learning your rights and responsibilities can help you manage these increases.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=518962023-06-06T23:36:49Z2023-06-06T23:36:49Z1. Children's ages and interests
When designing a summer child custody schedule, it is essential to consider the unique needs and interests of the children involved. Take into account their age, extracurricular activities, summer camps and any special events they may want to participate in. Flexibility is key in accommodating their interests and ensuring they have a well-rounded summer experience.
2. Open and honest communication
Both parents should discuss expectations, concerns and any specific plans or commitments that may affect the schedule. Be open to compromising and finding solutions that work for both parties. Maintain a respectful and cooperative approach, focusing on the best interests of the children and their enjoyment of the summer months.
3. Alternating schedules
Consider implementing longer blocks of custody time, such as week-long or bi-weekly arrangements, to allow children to fully immerse themselves in summer activities and establish a sense of stability. Alternating schedules, where each parent has designated weeks or specific days of the week, can help maintain consistency and balance between both households.
4. Holiday and vacation planning
Collaborate with the other parent to create a fair and balanced holiday and vacation schedule that allows children to spend meaningful time with each parent. Plan in advance and provide notice of any intended vacation dates to ensure smooth transitions and avoid conflicts.
5. Flexibility for unforeseen events
Despite careful planning, unforeseen events or changes in circumstances may arise during the summer. Maintain open lines of communication and be flexible when adjusting the custody schedule as needed. Prioritize the well-being and happiness of the children.
Creating a summer child custody schedule requires thoughtful consideration and open communication between co-parents. Parents can establish a schedule that promotes smooth transitions and supports positive co-parenting while focusing on the well-being and happiness of the children, allowing them to make the most of their summer.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=518902023-05-13T20:55:00Z2023-05-13T20:55:00ZDifferentiating marital and separate property
The first step in dividing property in a New York divorce is to determine which property is marital and which is separate. Marital property encompasses all assets acquired during the marriage, including income, real estate and personal property. On the other hand, separate property refers to assets acquired before the marriage or through gifts or inheritances. Separate property in New York is usually not subject to division in a divorce.
Factors for equitable distribution
Once the courts identify marital property, they must divide it equitably. In New York, the court considers several factors when determining what is equitable, including:
Length of the marriage
Income and property of each spouse at the time of the marriage and at the time of the divorce
The age and health of each spouse
The need for custodial parent to occupy or own the marital residence and to use or own its household effects
The loss of inheritance and pension rights of each spouse
The contributions of each spouse to the marriage, including as a homemaker or in supporting the career of the other spouse.
The court will also consider any other relevant factors when determining what is fair and equitable in each individual case.
Understanding New York law can help you navigate the property division process, protect your rights and aid you in making informed decisions while working toward a just and equitable resolution in your divorce.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=518062023-04-12T15:47:52Z2023-04-12T15:47:52ZDoes a raise in income affect my child support obligations?
The State of Connecticut outlines comprehensive child support information for parents, including the process of how the courts calculate support orders. Child support payments vary based on your overall income, meaning that a raise can certainly increase the amount you must pay. Conversely, a loss of income can result in lower child support obligations.
What other factors affect what I pay in child support?
Your income is what determines your child support payment amounts, but there are other factors that contribute to your overall income aside from what you receive in your paycheck. Other factors that can affect your child support obligations include the various taxes you pay, your insurance premiums and any payments deemed mandatory by a government court or by your employer for work-related purposes.
In most cases, getting a raise will likely result in an increase in your regular child support payments. If you neglect to report your change of income, you may need to defend yourself against legal action initiated by your spouse.]]>On Behalf of The Prince Law Group, LLChttps://www.wendyprince.com/?p=518072023-03-20T19:08:44Z2023-03-20T19:08:44Z
How Do I Get Child Support?
Not every parent is entitled to child support. There must be a court order in place in order for you to receive child support from the other parent. A court order establishes the monetary support order for the children as well as other orders for health insurance and child care. To get a court order, you can hire an attorney to pursue your case in court, represent yourself in court, or apply for free child support services offered by the State.
How is Child Support Calculated in Connecticut?
The guidelines for child support in Connecticut are fairly complicated. Judges will refer to the Connecticut Child Support and Arrearage Guidelines. These guidelines are based on the combined net income of both parents. In this case, income includes wages, commissions, self-employment income, bonuses, rent, workers' compensation benefits, unemployment insurance benefits, and pension or retirement benefits. You would then deduct expenses such as any tax payments, medical or dental insurance premiums for you and your legal dependents, and any alimony or child support you pay for other dependents.
To get the basic amount of child support you will be paying, you will have to add both parents' net weekly incomes together and match the total amount with the number of children in the Schedule of Basic Child Support Obligations. Again, finding out how much you will owe (or be paid by the noncustodial spouse) can be complicated. Contact a lawyer for help.
Can Child Support Be Waived if Both Parents Agree?
Child support cannot be waived, even if both parents agree. That is because this is not in the best interest of the child. Children can be expensive for one parent to raise on their own, even under the best of circumstances. Therefore, under state law, both parents must be financially responsible for their children. Connecticut will require child support payments until a child reaches the age of 19, graduates high school, or becomes emancipated, whichever comes first.
How Do I Enforce a Child Support Order?
If you are having trouble collecting child support money from the other parent, the IV-D program (Four-D) may be able to help. IV-D refers to the government-administered Child Support Enforcement Programs. If you receive IV-D services, the Support Enforcement Services Unit will enforce your child support order in three ways:
Income withholding. This is typically the first step when the parent refuses to pay. Child support orders may be collected through a court order to deduct money from the non-custodial parent's income.
Contempt. If the court cannot garnish the parent’s wages, and there is proof that the parent is willfully disobeying the court order, then they can be found in contempt of court. This is a crime that comes with punishment. The parent may be ordered to pay a lump sum of money or sent to jail until a certain sum of money is paid.
License suspension. License suspension is also a possible punishment. The court can order the suspension of the parent’s driver's license, or professional or occupational license.
If the IV-D program is not assisting you, you can also hire an attorney to represent you and file the appropriate court papers. You can also file the court papers yourself.
How Do I Modify a Child Support Order?
Connecticut law allows courts to modify existing child support orders if one of two circumstances apply:
Either parent has experienced a “substantial change” in circumstances since the child support order was first issued.
The support order “substantially deviates” from the child support guidelines.
A substantial change in circumstances refers to a 15% deviation in either direction from the child support guidelines. What this means is that either parent must have experienced a significant decline in income, such as by a pay cut or job loss, requiring the need to make lower child support payments. Conversely, if one parent gets a new, higher-paying job or receives a significant raise, the other parent may believe that more of that increased income should go toward child support. These are cases in which a modification may be granted.
Child support orders can only be modified by a judge or a family support magistrate. There are three ways to get your child support case to court: ask Support Enforcement Services to assist, hire an attorney, or do it yourself. The best option is to hire a lawyer who understands the process. In any case, you must attend the court hearing, or the judge will not change the order.
Contact Us Today
Whether child support is an issue raised during a divorce or between unmarried parents, it is essential that these matters be settled in order for the children to be properly supported. Parents need to know what financial obligations they have to their children.
The knowledgeable attorneys at The Prince Law Group will give you the advice you need to make informed decisions about matters that will affect your children’s lives long after your divorce is final. We can answer your questions about child support and other family law issues. Call (203) 653-8483 or fill out the online form to schedule a free consultatio]]>