What You Need To Know About Child Support And Claiming The Child Tax Credit

If you are separating or getting ready to divorce and have two or more minor children with your spouse, you will want to make sure your child custody agreement and child support agreement are written in such a manner as to protect you and your spouse’s right to claim the child tax credit.

In recent years, there have been changes in tax laws that have made it difficult for both parents to claim the child tax credit on one of their dependent children.

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What Is The Difference Between Mediation, Arbitration And Litigation In A Divorce?

When you decide to move to separate from your spouse, there are three potential ways in which to deal with the outstanding issues, such as the division of matrimonial property, child custody, child support and child visitation schedules. You can use mediation, arbitration or litigation, or a combination of all of these methods. It is always a good idea to consult with your divorce lawyer to determine which methods would be most appropriate for your particular situation.