Child support is calculated using many variables, including the parents’ wages and other forms of income. There is not a set formula for calculating child support; rather, the judge who is overseeing the case will review the variables to find a conclusive solution.
The factors to consider often involve reviewing the parent's income, but also the parent’s ability to provide support, the amount a parent owes in spousal support, insurance benefits, gifts, and any other financial resources. The courts will also review the parent’s home and living situation, and the parent's reliability. The courts will want to make note of whether or not the parent's history shows he or she can be held accountable. This means holding up his or her end of the bargain in paying child support.
Not every child support case will be straightforward or simple to work through. The circumstances may change at any point during the legal proceeding. That is why it is important to have a family law attorney who is well-versed in the laws and can mitigate any challenges that might arise. It is also a good idea to have both parents review their financial situation every so often, as it may be necessary to recalculate the child’s support needs.
Davies, Barrell, Will, Lewellyn & Edwards, PLC can help you with your child support matter. We have more than 35 years of experience—be sure to contact us today to request a free review of your case.