Few of our readers spend $1 million per month on living expenses. But those used to a certain level of wealth may indeed need $14,000 per month to feed their children, and use up $2,000 worth of stationary in that time.
Billionaire contest's wife's $1M child support request
Important expenses can increase the child support bill
When married parents get divorced, often they will either agree that one parent provide child support to the other, or the court will order child support to be paid. Children of divorce should not have to suffer financially because their parents are splitting up, and child support is intended to at least partially replace the noncustodial parent’s income in the household.
'Gray divorce' has different implications than younger splits
Many observers believe that the divorce rate in the U.S. is going down, and the numbers seem to back up that assertion. Dig deeper, however, and some interesting trends appear.
Psychologist: Co-parents should try to work together
When two parents are constantly fighting with one another, the children are the ones who suffer. For parents currently going through a divorce or breakup, it is important to keep this fact top of mind when moving forward as co-parents.
When a divorcing couple has a jointly-owned business
For some married individuals, their spouse is not only their partner in marriage, but also their business partner. There are many married couples that own and run businesses together. According to federal government estimates, the number of businesses here in the U.S. that husbands and wives jointly own is around 3.7 million.
Bad divorce order? Modification is possible in New York State
If the process is done fairly and with property legal counsel for both sides, a divorce agreement or order should satisfy both former spouses. It is unlikely that either ex will get everything they wanted, but a good settlement or court order will provide sufficient assets to give each side the chance to move on with their lives.
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