Finally, they informed
their children about their financial situation and some of the sacrifices they'd have to make.
Not exact matches
And what
about situations where the
child does not want to receive the parent's
financial support and would prefer to be emancipated?
Mary Hunt, author of Raising Financially Confident Kids and the founder of Debt Proof Living agrees that it is important to talk with your
children about your family's
financial situation because otherwise they may interpret the
situation to be worse than it is.
Nobody wants to think
about anything happening to their
children and usually the
financial implications of a serious accident can add extra stress to the
situation.
Talk with your attorney
about this complicated area because it can significantly impact your
children and your
financial situation.
«By 2003, growing concern
about parental alienation was the subject of comment by Martin J.... [H] e observed that [r] ather coincidentally, as their parents»
financial situation and divorce grew more tense the
children began to enjoy their father's company less.
You need to feel a connection with the person who you are entrusting to help you with decisions concerning your
financial future, as well as, if you have
children, decisions
about parenting time Make sure the person is someone you feel understands your
situation and concerns.
Once you've assessed your current
situation, you can start thinking
about how to divide the property fairly,
financial responsibilities for the
children, and the impact the divorce will have on your taxes.