Cover Your Assets – A Divorce & Money Podcast
Welcome to "Cover Your Assets," your podcast for navigating the financial side of divorce. Life doesn’t always deal you the best hand, but hosts Josephti Cruz and Jade Eagles are here to help you C-Y-A in every way—because when it comes to your assets, it's all about playing your cards right!
Cover Your Assets – A Divorce & Money Podcast
32. Child Support vs. Alimony: Financial Considerations in Divorce
The financial fallout of divorce is full of myths, especially when it comes to child support and alimony. In this episode, we cut through the confusion to explain how these obligations actually work, from calculation methods and common misconceptions to modification rules and termination triggers. We explore why lifetime alimony is mostly a thing of the past, how support models differ across states, and why child support remains non-negotiable even when alimony isn’t. Whether you're navigating divorce yourself or advising someone who is, this episode will give you the clarity you didn’t know you needed.
Key takeaways:
- Lifetime alimony is rare, with courts favoring short-term, rehabilitative support.
- Child support calculations vary by state and cannot be permanently waived.
- Alimony can be modified or waived entirely, but only under specific legal conditions.
Connect with us!
Divorce might be the end of one chapter, but it’s also a brand-new journey filled with hope and growth. Join us for practical tips for financial empowerment and insights to make this time a little less daunting.
Invite us on your journey at coveryourassetsdivorce.com.