Child Support Information

If you’re going through a divorce and have children, child support will become an issue that must be decided regardless if you are the one who will receive it or the spouse that will have to pay the child support.

Child Support Definition

Child support is money that is paid by the non-custodial parent for the financial support of their children in the event of a divorce. This money is to help the custodial parent pay expenses that are naturally incurred when raising children.

How Child Support Is Calculated

The laws regarding the calculation of child support differ greatly from state to state. Many states have a very complicated formula they use to determine the amount of child support that needs to be paid. Even if you make less than your spouse, and that spouse has custody of the children you will be responsible for child support payments. Generally most states look at the income of both parents and the expenses that are associated with raising a child. While this is very broad example, most states will look at the income of the parents and then plug that income into their own formula as determined by law. The judge in a divorce case can also deviate from the guidelines if he/she deems it necessary. Keep in mind that in some cases you can negotiate the amount of child support you will either pay or receive. The money you pay in child support is not tax deductible, nor is it claimed as income if you’re the recipient of child support payments.

Length of Time Child Support Payments are Paid

Generally child support payments will continue until the child reaches the age of 18 or graduates from high school whichever is first. However this is not always the case. You can specify in the divorce decree when the child support payments will end. This could be upon marriage, graduation from college, etc. They could also be terminated when the child marries, enters into the military, or by court order.

Conclusion

Remember, child support payments are intended for the children and the children should never be used as pawns in any argument between you and your ex-spouse. Before agreeing to any child support settlement you should consult with a competent attorney to insure your rights and the rights of your children are being protected.