Money Box Live: Co-parenting Finances

There are approximately four million children in Great Britain whose parents are separated.When couples break up they cut their finances apart, but for parents there's that ongoing relationship that comes with supporting those children - emotionally but also financially. So how do you manage that?Sometimes, of course, it breaks down and a parent has to ask the state to step in and make their ex pay support. We'll discuss some changes coming to how that's enforced.And we hear from parents who are sharing care and finding ways to make the finances and the new circumstances work. Joining Felicity Hannah is Leah Caldwell who is the Director of Mediation First and treasurer on the board of the Family Mediators Association and also Gemma Hope who is a solicitor at Family Law Partners.Presenter: Felicity Hannah Producers: Kath Paddison and Izzy Greenfield Editor: Jess Quayle(This episode was first broadcast at 3pm on Wednesday 21st February 2024)