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Modifying a child custody agreement can be necessary as circumstances evolve, but it can be complex. Stacy Moss, an attorney at the Law Office of Brian Fagan, discusses the modification process, including its costs, limitations, and the probability of approval. There are two main approaches to modifications: informal negotiations between parents, which is rarely advised due to the risk of one party changing their mind, and formal alterations through family court. The video aims to provide guidance on navigating these options effectively with legal support to ensure a smoother process for all involved.