Parents must have an agreement in place regarding which child-related expenses should be shared in order for any plan to work.
There are a wide variety of apps available which help support co-parenting communication. In addition, many of these apps offer expense management tools for co-parents as well.
Parenting children after a divorce can be super tricky. There are many things to consider, such as schedules, transitions, responsibilities, and managing finances of child-related expenses.
How you tell your kids about your divorce is not typically an easy task and can have a significant impact to their current and future selves.
There is a misconception that estate planning is only necessary for the wealthy, but the truth is estate planning is for nearly everyone.