Going through a divorce with children can be challenging. While you may think the challenge goes away after the children have grown up, more unique challenges can start to present themselves.
Something that a lot of couples overlook — either because it doesn’t seem like it applies to their children, or their children are too young — is education decisions. The type of school your child goes to can cause stress with your ex even after your divorce has been finalized.
What discussions should happen before divorce?
There are a lot of issues that crop up as a child gets older that may not get addressed during the initial divorce proceedings. For example, questions regarding private versus public school for a middle or high school student may not arise until years after the divorce is finalized.
It’s important to plan for your child’s future as much as possible during the initial divorce proceedings. It should be decided early on if education expenses should be split between you and your ex as well as what sort of education you want your child to have later in life.
What happens when my child goes to college?
When children go to college, the process of applying for student loans typically involves both parents. Some parents don’t put money aside for their children’s education, but they need to be able to work together when their children file for loans every year.
Other times, parents fully intend to set a certain amount of money aside for their children to use for college. What the parents want for their children as far as college funds go should be discussed before the divorce is finalized.
Some states have a cap on the amount that a parent is allowed to contribute toward a college fund. Since tuition can vary depending on the type of school, there are provisions that protect parents from having to put more than a certain amount toward a college fund if they don’t want to or can’t. To learn more about how this affects you and your child, reach out to an attorney today.