Divorce is never easy, and when you have children, it’s even tougher. If you are divorcing or anticipating a divorce in Orange County or anywhere in southern California, you’ll need to obtain legal advice and representation at once by contacting a trustworthy and experienced Orange County divorce attorney. One key part of a divorce and youngster support agreement may be a life insurance policy. Life insurance can guarantee that there will be resources to support the child or children if the parent who pays youngster assist passes away. However, if neither parent has life insurance, courts in California can order parents to maintain, even after divorce, a life insurance policy that names their children, the other parent, or even a testamentary trust as beneficiaries.
A court may in some cases order the parent paying child support to obtain a new life insurance policy for child support purposes. In other cases, a court may order the division of an existing life insurance policy for child support purposes. Each situation is different, and a variety of factors must be considered, particularly the income and assets of each parent. If you are going to rely on your ex for youngster support, do not hesitate to ask your ex to establish a life insurance policy for child assist purposes. If your ex fails to cooperate, talk with an experienced Orange County divorce attorney about your legal options, including the option of asking the court to order your ex to acquire a life insurance policy.
Nothing is more important to you than your children. A good family law attorney fully understands that. If you are a custodial parent seeking child assist in southern California, or if you’re involved in any dispute regarding youngster support, child custody, or youngster visitation privileges, get the sound legal advice and dedicated representation you need by contacting an experienced Orange County divorce attorney as quickly as possible.
