Divorced parents in Connecticut may have experienced that changing circumstances may lead to financial difficulties and situations in which the current child support is no longer sufficient. This may be due to an income reduction or the rising costs of providing for a growing child. Fortunately, the law recognizes this and provides opportunities for custodial parents to apply for child support modifications.
No two divorces are the same, as many people are already aware. The individual influence of each spouse can shape the path of a divorce, from initial separation to finalizing an agreement. Connecticut residents can benefit from being mindful of these differences, and by planning for them in advance of sitting down to the negotiation table.
The much-publicized separation of billionaire hedge fund operator Ken Griffin and his financier wife Anne has been the subject of a great deal of public scrutiny over the last several months in the financial sector and beyond. Connecticut residents may be aware of the divorce proceedings and the fierce child custody battle taking place over the couple's three children. In a recent move, Ken has requested the assignment of a special children's litigator to help look after his children's interests in what is likely to be a settlement worth billions.
Figuring out the financial aspects of divorce can be a significant source of tension, especially if children are involved. Child support is not only an obligation, but a necessity, to ensure children have their most basic needs provided for. Unfortunately, some custodial parents in Connecticut may find they need assistance in enforcing a child support order due to lack of payment. August is Child Support Enforcement Month, and as such, it seems appropriate to discuss options available for both custodial and noncustodial parents who may be struggling with a child support order.
The breakdown of a marriage can have serious repercussions with regard to both individuals and any children involved. However, Connecticut residents who have been through divorce can attest that planning ahead for potential issues can save a lot of time and heartache in the long run. It is not easy to remain emotionally impartial during a divorce, but planning ahead can help to mitigate the most contentious issues.
It is an unpleasant reality that one of the most hotly contested issues in a divorce situation is finances. While money may or may not be the "root of all evil", many Connecticut residents can attest that it tends to bring out the worst in people, particularly when divorce is concerned. This is why it is important for both parties to have an accurate picture of their -- and their spouse's -- finances in advance of a divorce filing.
As the gender divide slowly closes over time and women are more and more regularly seen in positions of affluence and power, it makes sense that certain long-held precepts about divorce would change with the times. Here in Connecticut and elsewhere throughout the nation, women are becoming the primary breadwinners in households. As a result, more and more women are being held responsible for child support payments.
The change in life that accompanies a divorce can take on many aspects. Connecticut residents who have been through divorce can attest that it can be challenging to readjust to a single-income household. This can be particularly true for the parent awarded sole or primary custody of a child or children.
One of the most common reasons separations become stressful for couples, apart from the obvious emotional investment, is that many people approach the negotiation table with only limited knowledge of how the process works. Connecticut residents are keenly aware how complicated a divorce can be, which is why many experts suggest seeking out an understanding of the rights and responsibilities inherent to the process under state law ahead of time. Doing so can smooth the road toward an equitable separation.
Generally speaking there are two ways to approach a divorce. The first is a settlement solution in which both parties sit down and hash out division of assets, child support and other necessities without necessitating a court date. The second is a litigation divorce, in which the argument is writ large in a Connecticut courtroom. Some experts say that with a little forethought, a settlement can be reached outside a courtroom with better results.