Financial expectations when sharing custody | Gregg R. Lewis, Esq.

Setting expectations for home life, rules and boundaries is an important early step for co-parents. You can also use this time to lay out financial expectations. This means clearly outlining the costs that you are individually responsible for as well as those that you will share. Just a few expenses to consider are:

It is important to stay focused during these conversations. Discussing your child’s piano lesson fees is appropriate, whereas discussing your personal savings account is not. Setting boundaries about budget topics can help avoid tension over things that are not relevant to your child expense budget.

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