If you're going through a high-asset divorce, you know that there is potentially a lot to gain or lose. While you may be looking forward to getting away from your spouse, one thing you're likely not looking forward to is the potential for losing many of your assets.
What should child support be used for?
You and your ex-spouse may have many arguments, but one that can come to rest is what child support can or should be used for. Child support, by definition, provides support for your child. That support may cover living expenses, medical bills, school fees and other items your child needs to live in a comfortable environment.
How does a court determine custody arrangements?
When a child is involved in a divorce, the most important thing is to make sure he or she goes to a safe, supportive home environment with one or both of his or her parents. It's vital to note that a court may overrule either parent's wishes when it comes to custody, even if they've determined custody preferences on their own. This is because a court wants to guarantee a child's safety and that the child's best interests are at the heart of any custody arrangement.
Your prenuptial agreement could be threatened with new tax laws
Prenuptial agreements provide many protections to those who want to get married. They can protect you from your partner's debts and protect your assets from them if you want to get a divorce.
Separating your assets: Know their worth
When you get a divorce, one thing you need to understand well is the way your property will be divided. In Connecticut, the state follows equitable distribution laws. This means that each party is able to fight for an equitable share of the marital estate.
