Legal Question in Family Law in Massachusetts
financial aide to colleges in a divorced family
I'm about to marry a divorced
man, who has a son who is about
to enter college. To receive the
maximum in financial aide from a
college, can we get married now
or is it better for us to wait for the
child to finish college; or can we
just file separate taxes. My
income is larger than this
gentlemen and his x-wife
combined and we are afraid my
income will affect the amount of
loans, scholarships or grants for
which this boy may qualify.
2 Answers from Attorneys
Re: financial aide to colleges in a divorced family
You should check with an accountant and FASFA about your questions. Both of them should be able to give you the financial ramifications of each. In fact I believe you can complete the FASFA form (with joint and individual income) online.
From a legal stand point the court will not include your income (when married) to determine what percentage your future husband will pay for college and child support.
If You have more questions please feel free to contact me.
Re: financial aide to college in a divorced family
A point in this equation is the income of this person's ex-wife. I agree that the numbers have to be run to see the effects of varius configurations to see what makes sense to you and your boyfriend.
But your focus misses the above matter.
Should you have any questions, you can contact me.