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March 2017 Archives

Why should you get a prenuptial agreement?

A marriage is oftentimes an opportunity for two Rhode Island residents to combine their earning power in order to make more significant financial moves, such as purchasing a home or starting retirement accounts. Many couples will take advantage of the opportunity to pool their income for this mutually advantageous financial approach. But, there are some situations in which a soon-to-be married couple may want to keep some things separate. In these types of situations, a prenuptial agreement may be a good option.

Summer Parenting Planning for Children

Managing summer planning for children after a divorce can be difficult. Whether you are paying or receiving child support, allocating money for summertime pleasures may be hard. First, you need to plan in advance to determine the days and/or weeks that you will have a child/children with you. Then you need to plan for those days and weeks.

Assessing the financial impact of divorce

The decision to file for divorce is huge. It doesn't matter if the marriage has lasted months or years, the end of a marriage is a big deal for most people. One of the main reasons for why divorce is such a big issue is because of the financial impact of a divorce on a Rhode Island resident's life.

The role of life insurance after a divorce

For Rhode Island residents who are going through a divorce, there are plenty of aspects of life that they will need to adjust to after the legal process is complete. No matter how long the parties were married, post-divorce life can be stressful for many people. However, it is important to take the right steps to adjust, especially when it comes to finances.

Teenagers and Social Media

Parents, married, divorced or never married, are challenged by how their children use or abuse social media. You may set down certain rules, but kids adopt rules of their own as well. Often these rules are set by their peers and you will never know them unless you discuss them with your child.

Child support enforcement and nonpayment penalties

Raising a child can be extremely expensive. Paying for the mere basics, including food and clothing, can make a massive dent in parents' finances, especially considering these expenses will need to be paid for at least 18 years. And this doesn't even consider other costs, such as schooling expenses, extracurricular expenses, and medical costs. Children are worth it, but that doesn't make the financial realities of raising them any easier, especially when one parent is a child's primary caregiver. This is why child support is so important for both custodial and noncustodial parents.

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Law Office of Steven J. Hirsch, Esq

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100 Jefferson Boulevard Suite 315 Warwick, RI 02888 Phone: 401-287-2079 Fax: 401-352-0029 Warwick Law Office Map

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