Getting divorced creates a twist to the decision of whether and or where your child(ren) go to school and how much towards the tuition you have to contribute. When a marriage is intact, parents have absolutely no legal obligation to contribute towards their children’s education. However, once one begins divorce proceedings the New Jersey Courts have a greater stake in how much or whether parents contribute towards their children’s education. This becomes difficult for a host of reasons. For one, after getting divorced there is often less available money for tuition. Furthermore, if a parent believes their child or children may not be ready for college, their ability to encourage their child(ren) to take time off can be limited. Of course the child’s best interest should always be of paramount concern and all of these issues can be resolved.
How Should I Tell My Spouse I Want a Postnuptial Agreement?
Prenuptial and postnuptial agreements are sometimes seen in a bad light, but the bottom line is that these documents can be great ways for you and your spouse to protect yourselves and your finances if you get divorced. If you are thinking about asking your spouse for a postnuptial agreement, you should be careful about…
