Child support is a major part of the divorce process. When a couple gets a divorce or a legal separation, it is not uncommon for the issues regarding the care of the children to be the most laborious aspect of the process. That is only natural, considering that each parent wants the child/children to be safe and happy. Also, let’s …
Child Support: How is it Calculated?
When preparing for divorce, it’s important for couples with children to learn more about how child support is calculated. In the U.S., individual states regulate the payment of child support. Therefore, different formulas are used to calculate the amount. Three main formulas exist to determine child support. The majority of U.S. states, such as New York, California, Florida, and Michigan, …
Need a Child Support Modification? Here’s 5 Helpful Tips for Applying During COVID-19
Over 36 million Americans have made unemployment claims. Many of these citizens have children and are paying support. If the earning abilities of a parent or the financial needs of a child change, a child support modification may occur. This modification will shift the payment amount of child support to suit the situation. Many of those paying child support could …