Best Divorce Lawyers Miami – Elements Of Divorce To Consider Regarding Children

1. Best Divorce Lawyers Miami – Elements Of Divorce To Consider Regarding Children The Best Divorce Lawyers Miami cite four elements of divorce for parents with children. These include parental responsibility & timeshare, alimony, equitable distribution, and child support. Several other elements may come into play, but these are the most crucial, and they should always be the first. Here you will learn more about these elements and what they incorporate. Timeshare & parental responsibility is about ascertaining the amount of time each parent will get to spend with the child or children. These arrangements can be fifty-fifty or another type of set-up where one parent will get more timeshare than the other. The situation depends entirely on the circumstances of your specific case. Parental responsibility is also part of this aspect. It’s about making decisions regarding the kid’s life, such as education, religion, and medical requirements. As long as the parents share equal rights with the child, both partners can decide. The next element is equitable distribution. For divorce cases with children, the parents have to provide an all-inclusive list of all property they own, such as investment accounts, real estate, retirements accounts, bank accounts, and others. They also have to offer another list consisting of all debts, including credit card accounts, mortgages, etc. Based on the law, the court will add

2. and subtract all assets and debts to establish a total figure. Then, it’ll divide the value into two halves. Depending on the spouse keeping assets in the second element, the person must pay an “equalizing payment” to the other spouse who doesn’t possess the assets. The other two Alimony is the third element worth considering, according to a Domestic Violence Lawyer Miami. Multiple factors dictate whether a spouse will receive alimony or not. Some of the factors include the ability of a spouse to pay, the length of the marriage, the alimony-entitled spouse’s need for a house, and the quality of life established when the marriage took place. Also, this element of divorce with children includes several types of alimony, such as rehabilitative established to get an individual back into their workplace. The last element of divorce with children is child support. It’s something that the court can decide because it has to know what each spouse gets in terms of alimony and property division, and also what the timeshare management will be. Every factor described here will help the law decide the spouse in whose favor the court will present its decision.