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Child Support Payment Information.

One of the questions on child support is how long will I have to pay for my child?  The time period for child support really does depend upon the state.  In all states both parents do need to be responsible for taking care of the child financially, through their life growing up through high school years.  Although some states have made an extension on child support beyond minority.  There are reasons you would not pay child support. 
  1. Child support is terminated in the event of a child’s death.
  2. If the child enters the armed forces.
  3. The child becomes self supporting.
 What happens if you lose your job, your income drops dramatically or you are laid off?   These are some reasons to request a lowering of your child support.  If you party will agree in a temporary lowering of the child support then have it put in writing, preferably with a lawyers advice, and the documents need to be signed by both parties.  If your party will not agree then you will have to ask the court to modify the amount of your child support, of course this will be more of an expense, then if parties can agree one on one.  Most courts do understand problems with a job, or if you are experiencing financial problems. I can not stress how important it is to find the right lawyer, even if the expense is heavy when going to court; they will pay for themselves a dozen times. So how do you show your income, when it comes to paying child support or decrease in pay?  Courts require documents such as your pay statements, tax returns, and profit or loss statements of proprietorships.  It is the intent that all of the parent’s income is received and looked over, to calculate child support. What cost is factored in on child care cost?  The cost of the child should be split up equally between both parents.  The child care cost is incurred, that a parent is able to earn income.  So this means a greater amount of combined income is available. If just one parent is paying the child care expenses then that parent will receive payment from the other parent.

 

Posted: Nov 15 2007, 07:34 AM by ChildSupport | with no comments |
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