Parenting When Your Ex Is Rich and You Are Not

As a practicing attorney since 1994 I have frequently seen clients have to scale back their lifestyle dramatically after the divorce. To a certain extent this is to be expected anytime you take the same amount of income and you go from one household to two. This type of situation requires a bit of belt-tightening for both parties and is very common. What is not so common that creates a bit of a parenting challenge is when one parent becomes very wealthy post-divorce while the other parent struggles financially. This can happen for a variety of reasons such as one of the ex’s marrying into wealth, having some newfound career success, receiving a substantial inheritance, or just a large disparity in household incomes. The situation can be very challenging for the non-rich parent. Below are some tips on how to best deal it. Get Excited for Your Child When your child has the opportunity to have unique and exciting experiences that are provided by your ex, resist…

Read more detail on Recent Family Law posts –

This entry was posted in Divorce Law and tagged , . Bookmark the permalink.

Leave a Reply