Generally, when parties come to a resolution of a divorce proceeding, the resulting marital settlement agreements address the sharing of extracurricular and medical expenses that are not included in child support. However, this often leaves one party (usually the primary custodial parent) to be responsible for the entire bill while constantly seeking reimbursement from the other party. Although this may not always become an issue, some custodial parents end up being owed significant amounts of money. For parents who are owed money, it is important to remember to keep track of all what you are spending and to keep all invoices, bills, receipts, and proof of payment. This will make it easier if you do end up going before the Court to enforce your agreement and obtain reimbursement, and it is more likely you will be successful in reclaiming the full amount you are owed.
Why is it Important to Have an Estate Plan During Uncertain Times?
No one is able to predict the future, which is why it is important to have a plan in place not only for yourself, but your assets and loved ones. With the spread of the Coronavirus impacting lives in unimaginable ways, it is now more critical than ever. This can be accomplished with the creation…
