"The Big 4" Areas of Significant Parental Decision-Making:
1. Education
2. Medical
3. Extracurricular
4. Religion
What used to be "legal custody" is now broken down into these four areas - a "Parenting Plan" will generally spell out which parent has the right to make decisions in each of them, or whether they shared, and any detailed nuances to the breakdown of the rights.
"The Big 3" Types of parenting time categories:
1. Regular parenting time
2. Holiday parenting time
3. Extended annual parenting time
What used to be "physical custody" is now "parenting time." Major holidays are most often divided evenly or alternated. Most often, the parents get equal periods of extended annual vacation time (I see "each parent gets two weeks" most often). The Regular parenting time schedule is the most frequent area where disputes arise.
"The Big 3" financial issues to be sorted out in divorce:
1. Property/Debt division.
2. Spousal maintenance.
3. Child Support (including who carries medical insurance, and any division of child-related medical, educational, extracurricular, and/or childcare expenses...and who claims children as dependents on tax returns).
"The Big 3" Common asset types needing divided in a divorce:
1. Real Estate
2. Retirement/Investment Accounts
3. Vehicles
If these issues can be sorted out, often the rest of the assets are small potatoes by comparison.
Each of these issues can be fraught with complications and sub-issues. If you need help navigating disputes on any or all of them, get in touch via www.coxandassoc.com , www.facebook.com/BloomingtonILDivorce, or (309) 828-7331.
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