How do divorced parents split college costs?

[NHdisneylover]

Sorry, slightly off topic. A wife is a stay at home mom who has taken care of everything domestically so that the husband could focus on building a successful career. Husband is waiting for last child to graduate high school so he can divorce the wife. Would it be better, financially, for the wife to initiate divorce prior to the last child graduating or will it not matter???

Just a suggestion--but I think your post will be buried in answers to the OP and not likely addressed--you may want to start a separate thread if you really want advice (which, this being the DIS and you talking about a marriage ending, could become hard to take ad go in ways you are not imagining)

 

[Goofy_Disney_Dad]

Just a suggestion--but I think your post will be buried in answers to the OP and not likely addressed--you may want to start a separate thread if you really want advice (which, this being the DIS and you talking about a marriage ending, could become hard to take ad go in ways you are not imagining)

I think it's safe to just delete the "could" and go with "will".

 

[LuvOrlando]

New Years eve? sounds odd
will you pay for his college too? I sure wouldn't start paying for another kid when I had my own to pay for

We paid the fee directly so nothing fishy about it. This young man has attempted suicide in the past so, in truth, I was relieved he reached out instead of suffering in silence.

It's a shame, kids hear all their lives that if they work hard in school they will have a better life- The truth is very cruel if you have wealthy but selfish parents.

 

[GaryDis]

Sorry, slightly off topic. A wife is a stay at home mom who has taken care of everything domestically so that the husband could focus on building a successful career. Husband is waiting for last child to graduate high school so he can divorce the wife. Would it be better, financially, for the wife to initiate divorce prior to the last child graduating or will it not matter???

Not having seen a separate thread for this, I'll say that it's better to start hunting for a divorce attorney now, so that you can take your time to find the right one. Then ask the attorney about the financial tradeoffs with respect to filing.

You may also want to find a separate tax advisor.