Certain mandatory shared children’s expenses are defined in the CA Income and Expense declaration which include: child care for job training and/or work, medical care, special educational needs, and travel related to visitation. But what about other expenses such as extracurricular sports, private school, orthodontia, tutors, birthday parties, even haircuts?
We discussed using a Collaborative Divorce process where Julie is separately represented by a Collaboratively-trained attorney with prior experience on various spousal support outcomes. We could involve mutually agreed upon mental health coaches and/or neutral financial professionals to look at emotional concerns and property division settlement options. This would save them both the cost of hiring different experts to testify in court at $500 or more an hour, while also paying their litigation attorneys’ fees to cross-examine each expert, and waiting 90 days for the judge to make a ruling. And the ruling could be quite unfavorable.
A Collaborative Divorce can help rebuild that all important missing trust.
One of your most essential tasks in a Collaborative Divorce is to prepare a summary of your expenses, which we will call your budget.