One of the most long-lasting financial effects of a divorce is often the child support order. Pennsylvania state law provides clear instructions for the custodial and noncustodial parent in terms of child support payments. In most cases, child support orders last until the child is 18. However, the state may require payments to continue if the child has mental or physical conditions that require additional support. While there are state guidelines that help a court determine child support amounts, it is possible to modify the payments in certain circumstances.
Creating an estate plan is really only half the battle. There are also times when you'll need to update your will to ensure it continues to meet your needs, or your family could be subject to serious issues after you're gone. Wise Bread explains a few of the times when updating your will is an absolute must.