Divorces may be amicable, but the financial settlements are often complicated. When children are involved, there are many questions of financial responsibility to be answered.
Who will carry the children’s automobile insurance? How will their cars be titled? Who has the responsibility for enforcing rules about driving? These questions can make insuring kids from a divorce very challenging.
However, by careful planning and attention to detail, you can successfully insure your children even in a divorce situation.
It requires communication between the divorcing parents and cooperation on the part of the kids, but it can be done with a bit of work.
First, the most important question facing the divorcing couple is this: who will the children primarily reside with? I