Covering College Expenses
When addressing the costs of raising a child, an experienced lawyer knows to look beyond the established child support guidelines. There are costs that are not accounted for in those guidelines. The cost of college is one of the most prominent examples.
If you are going through a divorce, Hale Ball in northern Virginia will take great care to make certain that the issue of college expenses is addressed alongside child support calculations. If you are an unmarried parent or if your child is now reaching college age and this issue has not been addressed previously, we will take action to address it now.
Not True Child Support
While many refer to college expenses as an aspect of child support, this is not the case. If college expenses are to be covered, it will not be through traditional child support, but through the creation of a contract between the child’s parents. Our attorneys have decades of experience not only in child support but in contract law. We know how to design contracts for coverage of college costs that work in tandem with child support arrangements.
College Is Not Just for Kids
Our experience has taught us to take a comprehensive view of divorce cases. On the surface, it might seem important to set aside money to cover college expenses for a child in the future. However, there might be better ways to make immediate use of that money.
If the custodial parent does not have a college education, creating an agreement that allows him or her to obtain one after the divorce can lead to a higher earning potential that may ultimately be more beneficial for the child. These types of agreements may be created in lieu of or in addition to spousal support. The key is to thoroughly review all options, seeking the outcome that will ultimately prove to be the best for you and your child.
Schedule a Consultation with an Experienced Attorney
If you have a question, we encourage you to schedule a confidential consultation with one of our Northern Virginia lawyers. To make an appointment call us at the above telephone number 1-703-591-4900 or use the contact form below.
Since 1980 the AV-rated law firm of Hale Ball has served the legal needs of individuals and businesses. Our team of attorneys include lawyers named to Super Lawyer and Rising Star lists, as well as attorneys with advanced legal degrees, specialty certifications and lawyers who teach their areas of practice to other lawyers.
Use the contact form on this page to schedule a consultation, or call 703-591-4900.
The transmission and receipt of information contained on this website, in whole or in part, or communication with the Hale Ball via the Internet or e-mail through this website does not constitute or create a lawyer-client relationship between this firm and any recipient.
10511 Judicial Dr
Fairfax, VA 22030