Do couples need to exchange financial information about their changing finances while their children are growing up?

ANSWER:

Couples are given the option of including in their Agreements, provisions that deal with changing future finances and give them the ability to modify the child support amount when changes occur. These provisions usually call for a periodic exchange of financial information such as tax returns and W-2 forms.

Massachusetts family law and divorce mediator, Attorney Tracy Fischer has offices in Danvers and Needham, Massachusetts. She provides divorce mediation and family law services to individuals and families throughout the Boston Metro region including Andover, Beverly, Boxford, Burlington, Danvers, Gloucester, Marblehead, Newton, Needham, Peabody, Salem, Tewksbury, Topsfield, Waltham, Watertown, Wayland, Wellesley, Weston and Wilmington, Massachusetts.