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Posts tagged "child support"

Having Kids Does Not Increase Risk of a Massachusetts Divorce?

Having kids is seen as an integral part of a Massachusetts married couple's life; itBaby - Finances.jpg marks the transition from just marriage and living together to, well, being parents. It's a shift that's been explored in pop culture for ages now, because it's come to symbolize the moment that your family really begins to form. But, for many, the question remains: does having kids statistically increase your chances of divorce?

What's New With the Child Tax Credit After Tax Reform For Massachusetts Parents

Many Massachusetts parents claim the child tax credit to help offset the cost ofTax Filing.jpg raising children. Tax reform legislation enacted last year made changes to that credit. Here are some important things for taxpayers to know about the changes to the credit.

5 Essential Tips For Saving For Your Massachusetts Kid's College Education

$216,000. That's what a 4-year degree at a Massachusetts state college is estimated to cost iCollege Savings 2.jpgn 2035, assuming tuition continues to increase at the current annual rate of six percent. Send your Massachusetts kid to a private institution instead, and you can expect to shell out as much as $484,000 ⏤ a number so outrageous that you'd be forgiven if, upon reading it, you decided to skip saving for your kid's education altogether. Why bother?

Massachusetts Parents Use 529 Plans to Pay For College Education

The decision to save for your Massachusetts' kid's college education seems like aCollege Planner.jpg no-brainer. Considering how expensive tuition is these days (the average cost for a degree at a four-year private college is $138,960, according to the College Board), parents capable of doing so want to put money aside to secure their child's academic and eventually professional future and to help their kids avoid student loan debt.

Adult Children Actually Cost Massachusetts Parents More Than Babies

Massachusetts kids are expensive, but while conventional wisdom usually suggestsCollege kids.jpg that they'll cost the most when they're small, a new survey is suggesting that isn't exactly true. In actuality, most parents say quite the opposite, as the survey found that parents actually spend way more money on their adult children than they do on babies.

Does Having Kids Increase Your Chances of Massachusetts Divorce?

Having kids is seen as an integral part of a Massachusetts' married couple's life; itBabies.jpg marks the transition from just marriage and living together to, well, being parents. It's a shift that's been explored in pop culture for ages now, because it's come to symbolize the moment that your family really begins to form.

Massachusetts Divorce + Child Custody Battle = Epic Failure

Important to keep in mind that Massachusetts divorced parents are still in aChild Custody 5.jpg relationship, frequently lasting many years. But just because a couple didn't get it right while married, they can still have a respectful parenting relationship after divorce, right? Not very often. With all the bitterness and anger surrounding divorce, children frequently become POWs in the civil war of a custody battle.

Where Does All That Massachusetts Child Support Money Go?

You'd be surprised. A lot of people hand over a pretty big chunk of change eachChildren Hands.jpg and every month to someone who gets it tax-free. That's right, the recipient of child support gets the money tax-free. On a related note, the person paying does not get to write it off their taxes.

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