Divorced parents tend to think of child support as being set in stone, but in reality it's subject to modification--both upwards and downwards.
In this week's episode of his Family Matters vlog, partner Joseph Trotti, head of Vishnick McGovern Milizio LLP’s Matrimonial and Family Law Practice and founding partner of the VMM Family InstituteSM, explains how and why child support payments are subject to modification, how changed income due to COVID-19 may qualify, and when it's a good idea (and when not) to trade off assets like a lower portion of the house sale in exchange for lower support payments.
