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What Are The Factors That Affect Child Support Payments?
Child support is intended to aid the custodial parent with bills & expenditures associated with child care. Child support may be reduced in shared physical custody circumstances if both parents contribute to the expense of maintaining the child. Furthermore, if one of the parents' child custody percentage decreases, that parent might anticipate their child support payments to increase because they will not be bearing as much of the expense of raising the kid.
It isn't easy to provide an exact estimate or percentage by which parents can expect their payments to rise in certain scenarios. A judge will likely make a determination that is in the best interest of the child and fairness to both the custodial and non-custodial parent. Child support rules and laws may vary from state to state, making it difficult to estimate the percentage by which your payments may go up.
Child custody & support is based on several factors that may include the income of both parents, the timeshare that each parent spends with the child, available income tax deductions, mandatory payroll deductions, and the child care costs incurred by both parents. With so many different factors to consider, it is hard to determine how much more the non-custodial parent will pay if the percentage of time they spend with their children goes down.
In situations in which the parents spend an equal amount of time with the children, but one parent makes much - More than the other, the parent who makes more will pay the child's support. If the parent earning a higher income sees their custody percentage drop, they'll pay more. If they spend more time with their children, the payments may go down.
The opposite is true as well; if the parent earning less income sees their percentage go up, they will receive higher payments. If they see their percentage go down, they'll receive less. As payments are so variable and no two cases are identical, it is important to consider all of the variables and factors in your particular case.
Our objective at Jos Family Law is to help clients with family law difficulties that touch the most important aspects of their lives. Mr. Binoye Jos, a leading family law attorney, can help you with divorce, child custody, and other family law issues. Contact Mr. Binoye Jos, the finest Anaheim Divorce Attorney, at 1-714-733-7066 for assistance.
