Child Support

What You Should Know About Child Support

Child support is an obligation by either parent, provided by law. It is court enforcement to secure payment between parents for the expenses for the upbringing of their children.

THE ADVOCATE CONSULTING LAW GROUP is the best attorney in Hollywood, Florida and among our specialized areas of practice is divorce law. In divorce matters, child support is one of the most crucial aspects. It is something that must be carefully and diligently considered. In the end, the agreement should be fair and reasonable since it is, after all, for the welfare and best interest of the child of both contending parties.

Where the parents can afford it, or if their capacity even improves, then their support for the child should also be at the same level or even better than what the child has accustomed. But if the parents suffer a loss or fail in their standing, then they should be made to give what they can afford. This also applies if one parent suffers misfortune or if another gains more success, then the amount of support they will each give will be proportional. To help both parties navigate this process, they will need the help of a divorce attorney.

As an attorney in Hollywood, Florida, we have encountered a lot of family issues. We understand that the process will never be that easy most especially if a lot of emotions will be involved.

Aside from that, a lot of factors should be considered for the lawsuit. But as the best lawyer in Hollywood, Florida, we ought to provide in-depth assistance to our clients. With our expertise in child support and family law, we will guide you through the options and aid in making the right decision.

Escrow Agreement

Learning the Basic: What Is Escrow and How Does It Work

The escrow agreement is usually heard and often used when buying or selling properties. As an attorney in Hollywood, Florida, we will explain the basics of escrow in its simplest terms.

An escrow is a financial arrangement between two parties, usually the buyer and the seller. It is an arrangement where money or asset is held by a third party on behalf of two other parties that are in the process of completing a transaction. The third party now holds the money or asset until the contractual requirements are fulfilled.

Under the state of the law of Florida, some important rules and regulations should be followed for the escrow process. The law provides that escrow funds must be deposited with a qualified financial institution.

In addition to looking for a qualified financial institution, the law also provides for crucial regulations that are also crucial and must be followed:

  • The law provides a timeframe for depositing the fund for escrow
  • Completion and provision of reconciliation statement should also be implemented
  • The process of making disbursements from an escrow account

The best attorney in Hollywood, Florida can guide and help parties to look for a qualified institution that can hold for the escrow funds. In case you are considering buying or selling a real estate property an escrow agreement can be the option for you.

If you are looking for the best lawyer in Hollywood, Florida that can help you in the escrow process, call THE ADVOCATE CONSULTING LAW GROUP.

We are a group of legal experts that offers legal consultation for diverse areas. Learn more about the legal services we offer.

If you need help, our attorney can help you. Don’t hesitate to contact us.