When it comes to divorce, ex-spouses must develop a comprehensive plan for asset division. They must also consider how they will split new expenses related to their children, which can become difficult when there are disagreements.
Children require financial support from both parents and splitting co-parenting expenses fairly can prevent conflicts and disagreements. Here are a few tips to help you navigate this challenging process.
Base financial decisions on each person’s income
Courts often decide matters related to child rearing expenses by using each parent’s income as a guide. While it is imperative that you meet your child’s financial needs, requiring a parent to pay more than they can reasonably afford can harm the child in the long run. If your ex makes significantly less than you, consider reducing their contribution when it comes to expenses. While paying more than them might seem unfair, it will be most beneficial to the co-parenting relationship.
Be willing to communicate
Even with a decision-making strategy in place, you might still find yourself disagreeing with your ex from time to time. In this case, communication can go a long way towards making a decision you both can live with. Explain your position respectfully and take time to listen to their thoughts on the matter. Compromise whenever you can, as it is better to reach an agreement than to drag things out.
Do not involve your child in financial issues
It can be frustrating when your ex refuses to contribute financially when they are able, but you still should not involve your child in the issue. Do not blame your ex or speak ill of them in front of your child. Be honest and upfront about your financial status, but do not lay all the blame on your former spouse, or it could harm their relationship with the child you share.
If the situation becomes untenable, consider going back to court to develop an official agreement. Courts make decisions that are in the best interests of the child, while also taking each parent’s financial situation into account.