We Can Help, Contact Us Today!
View Our Practice Areas

Budgeting could help Washington residents with child support

Divorce can completely change a person's life. In many circumstances, Washington residents have become accustomed to the lives that they lead with their spouses, children, income and other lifestyle aspects. After a couple separates, individuals will likely want to assess their financial situation and how the agreements and terms of custody, child support and other factors can affect their future finances. 

If an individual is tasked with making child support payments, he or she may want to ensure that the owed amount is factored into the budget. By understanding how much support payments are and when they are due, individuals may feel less likely to potentially miss a payment. Though an individual may be making payments, it is also likely that other child-related expenses may arise that are not strictly covered by the support amount, and additional money may be needed for braces, activities, medical costs or other costs.

Parties may also want to keep in mind that child support amounts could change. If an individual sees an increase in his or her income, it is possible that there could be a request for an increase in support amount. Therefore, staying on top of finances may benefit a person who is facing multiple factors that could affect their financial state. 

Many Washington residents want to provide for their children as best as they can, but they likely want to ensure that they are also able to provide for themselves. Therefore, understanding child support and how changes could potentially come about could help parties from being thrown off by possible modifications. Information on child support and other financial aspects of divorce could help concerned parties feel more at ease.

Source: entrepreneur.com, "5 Essential Tips for Financial Planning After Divorce", Andrea Murad, July 10, 2015

No Comments

Leave a comment
Comment Information

Your Team Is Waiting, Contact Us Today

When you are ready to meet us, we will be ready to listen. Call us at 425-740-2209 or 888-298-1003 or fill out the form to schedule a time to meet with your team.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Send Your Message

Akiona Law, PLLC
3216 Wetmore Avenue
Suite 201
Everett, WA 98201

Toll Free: 888-298-1003
Phone: 425-740-2209
Everett Law Office Map