This time of year, high school seniors are graduating and planning for next year’s college attendance. High school juniors, too, are planning college visits and applications for the fall. College is expensive, and addressing the issues of how to divide educational expenses after divorce can be a real challenge. If you are in the midst of a divorce, you can be very specific in how you define the term “educational expenses,” and how you and your ex-spouse will determine your respective contributions. Many couples decide to cap their obligations, e.g., to the cost of a state university education. Addressing all of these issues early in the process, and realistically, can be the key to a smooth transition for your college-bound child. If educational expenses become contested, it is wise to leave plenty of time, at least several months and preferably more, for court documents to be filed and hearings to be scheduled.
posted on May 25, 2017 by
