Retirement usually means a reduction in your income -- and that can be a serious problem if you still have a child support obligation that's likely to go on for the next few years.
The 31-year-old man who served as an object lesson for many when his parents were forced to evict him from their home has made more legal news. Once again, his case holds some lessons for others — wherever they are living.
Are you suffering from an economic downturn?
Good parenting plans try to address potential problems before they start.
Missing one child support payment may be a one-time issue, but it often creates an economic tailspin that can be very hard to shake.
Child support is money meant to provide for the kids, and it often works to even out the input from both parents. You have the kids living with you 90 percent of the time, for instance, and your spouse pays support so that you're both contributing to the costs.
A lot of newly divorced parents are puzzled about the relationship between child support and child visitation -- but it's important not to confuse the two. Otherwise, you may make several mistakes that could put you back in court.
Hawaii is one of only two states in the country that use the Melson Formula Model in order to calculate each parent's share of child support.