Any support or custody order entered by the court is based on current factual circumstances; but it is not uncommon for the parties’ personal circumstances to change in the months or years following the entry of final divorce decree. Maybe the one paying spousal support lost his or her job, or the one receiving support now has a much better paying job or is living with a new partner, or maybe the child, now several years older, prefers to live with the other parent. It is also often the case that a party is unable or unwilling to comply with an existing support or custody order. In any of these scenarios, the parties are often required to go back to court to modify existing orders or seek enforcement of others. Even when the parties agree to a change in circumstances, court approval is likely required. Our lawyers can assist with that process.
This personal financial statement template is a great tool to keep track of your personal assets, liabilities, income and expenses.