If you have to go through, or have movene through, the process of a divorce you then know that it is not what you originally intended when you married to begin with. Several divorces may become intense even when it involves just the two adults. The situation can become much more intense, however, when children are participating or other dependents certainly are a portion of the equation.
When speaking with couples going through a divorce who have dependent children or other dependents, most are not aware of the legal ramifications of what divorce can do to ones time with children, finances, and geographic living constraints. Listed below are just a few of the topics which many married couples are not really aware either before or following the divorce is finalized:
* Laws are in place for child support modification. Should among the couples have a significant withincrease or decrease in income inside a defined time period after the divorce (each state has its rules), it is possible that another party receiving child support may have an increase or reduce as well. Among the parties suffering a medical disability can also affect child support payments.
* Child support and monthly income amounts could vary from what one party thinks he/she will receive if the children involved are from the previous relationship. The same uncertainty could be said if one party has other dependents such as for example elderly pare usuallynts who need health care.
* In high net worth divorces, there also can be other parties involved such as local or national media, boards of directors, employees and shareholders. Even though the reason for the divorce may be between the two spouses, the livelihoods of other people could be involved and they likely will want to defend their income streams and/or equity stakes or perception of their family names.
* Also in high net worth divorce situations, some assets cannot necessarily be divided such as for example family heirlooms, works of art, investment properties and some legal entities which may have end up beingen created like certain trusts or corporate entities. You will need to address these circumstances as well.
* In some situations, prenuptial agreements may be amended because of the circumstances. Your attorney will have to guide you with respect to the specific situation.
* Depending on the reasons for the divorce, custody and visitation rights may be significantly different from what you expect. Should there have been other legal factors such as abuse, neglect or some other legal situtations regarding the children or other dependents then your attorney will have to guide you. State and local laws will vary, so someone you know who was in a similar situation as you does not necessarily mean that you will have a similar outcome.
Again, these are just a few of the topics which most couples do not necessarily consider when going through a divorce or even after the divorce is finalized. You will need solid counsel from a divorce and family law attorney you trust due to both the variations in state and local laws as well as the likely sensitive nature of the information pertaining to your divorce. Just remember that the outcomes earned by others you know who were in similar situations may not necessarily be your final outcome. Discuss with your attorney the documentation you require and what options you have as the divorce process proceeds in order to have the very best chances of some type of favorable outcome.