In divorce cases, child support is usually a contested issue that couples must address. To determine a parent’s child support obligation, the court should determine the child’s physical placement first. placement is where the child should live after the divorce.
The parent who has less than 25 percent of placement should pay support based on the percentage of their monthly gross income. For one child, this parent should pay 17 percent of their gross income and 25 percent for two kids. In cases of a parent with more than 25 percent of placement, a shared placement formula is used to calculate child support. In this formula, both parents’ incomes are considered, together with their respective percentages of placement. If you are fighting for child custody and placement, you need a madison child support lawyer to help ensure your interests and the best interests of your children are protected.
Determining the Income of a Parent
The income of a parent in divorce cases can be determined in many ways. The court will base the determination on the gross monthly income of a parent. For a self-employed parent, child support obligations are determined based on income modified for the expenses of their business. if a parent is not employed or underemployed, child support payments are determined based on their earning capacity.
Deviation from Child Support Standards
If either parent offers their child private health insurance, the insurance cost could be included as a deviation from child support. if the paying parent pays child support before this, the court should consider this when they determine support for a younger kid.
If Parents Have Shared Placements
If both parents share placements of this child, they should exchange income details every year. This information includes tax returns and W2s. Also, the paying parent should inform the other parent or the support agency about the change. If the payor gets a raise at work, the other parent can request for an increase in support payments based on when the increase in income took effect. The parent who is getting support should work with a family law lawyer to address this problem. the other parent can pay for the lawyer’s fees.
It is important to note that while the paying parent has informed the support agency about an income change, the agency won’t change the current child support order. The parent getting payments should file a court motion to change the order.
