The economic impact of divorce is clear: it costs more to operate two households than one. For this reason, spouses’ standards of living may well decline post-divorce. That said, aside from the relative percentages of gross weekly income for child support, which may differ significantly, there is the issue of uninsured medical expenses and extra-curricular activities. Like most families, these are beyond the regular family budget and hard to manage and pay in an intact family. Therefore, this often becomes a battle ground for divorced parents. The rules are complex, however, when looked at and analyzed closely, the rules are clear. For ... Read More