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The Law Office of Rhame & Elwood primarily practices in Porter County, Lake County and LaPorte County, Indiana. Rhame & Elwood provides legal services in multiple areas of the law including: Criminal Representation, Family Law, Personal Injury, Real Estate, Wills, Trusts and Estates, Mediation and Municipal Law Rhame & Elwood has provided these legal services for over 32 years. Over that time, Rhame & Elwood has built and strives to continue to build a solid reputation for top quality legal representation and advice. 
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Monetary Issues in Dissolution SituationsATTORNEY FEES:The Court may award attorney fees to one party. No one is entitled to an award of attorney fees as a matter of right in a dissolution proceeding. Often, the Court will award attorney fees when the disparity of income of the parties is great. The party earning the greater amount of money might be ordered to pay a portion of the other’s attorney fees. Rarely, will a court order one party to pay the other’s attorney fees in full. COLLEGE FUNDS: The Indiana Child Support Guidelines set forth the formula for computing the amount of money each parent must contribute to the child’s college education. Several factors influence the total amount of money to be allocated, including the tuition at the school, whether the institution is public or private/instate or outfitted school, the contribution to be made by the student, financial aid available, and the number of weeks the child is in residence at the school. After these items, and others, are plugged into the State’s formula, the parents’ percentage of child support contribution is applied to the resulting number. Therefore, the parents contribute to the child’s college expenses in the same portion as they do to the child’s support. The distribution of college expenses is sensitive to the numbers used in the calculation; each case presents a unique situation that will ultimately be resolved on its own facts. VOLUNTARY CONTRIBUTION TO SAVINGS/RETIREMENT PLANS: The provisional period of the dissolution proceeding is an expensive time. The parties are maintaining two households, paying for legal representation and in the event of a custody battle, paying for a custody evaluation and a guardian ad litem. When finances are tight, the Court takes the position that voluntary contributions to savings and retirement plans must be put on hold. First and foremost the Court tries to maintain the status quo and preserve marital assets. Click on the thumbnail to start video
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Disclaimer: Thank you for visiting the web site of Rhame & Elwood. Please be advised that our Web site exists for informational and advertising purposes only. The information you obtain at this site is not, nor is it intended to be, legal advice. Please seek legal advice from a licensed attorney in your state. We have provided ways to contact us, such as email and telephone, however, contacting us does not create an attorney client relationship, as we must also accept representation before the attorney client relationship exists. Please, therefore, withhold confidential information until such a relationship exists. We also attempt to keep all information on this site current, however, the information or law may have changed, and this site does reflect the most current information.   |