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Focused on reducing the emotional and financial toll to your family.

Offering divorce and family law options to fit
your needs, and focused on reducing the emotional
and financial toll to your family.

March 2018 Archives

Federal government works to improve child support enforcement

For families in California, delinquent child support can be a particular problem for single parents working hard to make ends meet and cover the costs of everyday expenses. Dealing with the problems caused by unpaid support has been addressed in many cases through withholding payments from a person's paycheck, thus ensuring that the child support is regularly paid. While child support is managed by the states, the federal Office of Child Support Enforcement, or OCSE, works to coordinate enforcement efforts throughout the country. This project is highly successful. In fiscal year 2016, $33 billion in child support payments were processed through its system.

Divorce later in life carries financial challenges

For spouses in California who have spent years growing their retirement savings, divorce can pose a wide range of problems. While the financial aspects of divorce can be some of the most challenging for people of any age, when it comes to retirement funds, couples over 50 are at a particular disadvantage. Unlike younger couples with more years to come in the workplace, seniors have fewer opportunities to rebuild their investments following a divorce.

Child support modification

In order to ensure the best interests of their children, many California parents are willing to make reasonable child-support payments. However, there are some situations in which satisfying current child support amounts is difficult. Such a situation can create financial and legal hardships for the parent making the payments.

Dividing retirement plans for divorce

Couples in California who get a divorce should take extra precautions when dividing their retirement assets. The different types of retirement accounts are governed by specific rules that dictate exactly how they should be divided. If the correct procedure is not adhered to, divorcees may find themselves saddled with expensive penalties and tax bills. They may also end up giving their ex-spouse a larger percentage of their retirement funds than they intended.

What to know about custody battles

California residents who are seeking custody of their children have to work to balance their needs with the needs of their children. One way that parents can obtain a favorable outcome is to keep good records. For instance, they could write down how much time was spent with the child or how much money was spent to provide for a son or daughter.

Financial planning and the possibility of divorce

California couples who are planning to get married might want to consider a prenuptial agreement. If they are already married, they may want to consider a postnuptial agreement. Both of these can help protect people financially in a divorce. While some people might think these types of agreements indicate a cynical approach to marriage, one financial planner points out that financial precautions are no different from safety precautions such as wearing a seat belt.

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Miller & Associates, Attorneys LLP
Miller & Associates, Attorneys LLP
6542 Lonetree Boulevard
Rocklin, CA 95765

Phone: 916-780-0848 
Fax: 916-780-0787
Miller & Associates, Attorneys LLP
2280 E. Bidwell Street, Suite 204
Folsom, CA 95630

Phone: 916-365-4941 
Fax: 916-780-0787

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