The great-great grandson of a legendary Prussian prince is being sued in a New York City family court for allegedly failing to pay $2.5 million in child support. In court filings, the ex-wife of Carl-Eduard Graf von Bismarck claims he hasn't made a single child support payment since 2011, when the couple first separated.
Many New York parents get divorced each year. Figuring out how to handle taxes following the breakup of a marriage may seem complex, but there are a few simple things to keep in mind.
When New York parents go through a divorce, they may end up sharing physical custody of their children. One scenario is referred to as bird's nest custody. This is when the child lives in one house, but with only one parent at a time. If mom is in the house, dad is gone, and when dad is in the house, mom is gone.
Many New York parents are sure to understand just how expensive it can be to raise a child in a state that has one of the highest costs of living in the country. Divorced parents often have different income levels, and child support is meant to remedy this sort of inequity to further the best interests of the child. However, the system necessarily depends on custodial parents actually receiving the assistance that they are owed.