One of the most complicated matters of divorce is determining child custody and support. Very often, in a contested divorce, most parents do not feel they get a fair shake. This is why you must hire an experienced attorney and educate yourself about the divorce process. if you wish to learn more about child support works in New York State, here are some of the questions you may have:
What does child support pay for?
Though generally, extracurricular activities, uninsured expenses, or educational expenses are usually not included in child support agreements, they sometimes can be, as long as the court deems it necessary. One of our experienced attorneys can help ensure your child retains his or her quality of life. If you need assistance to provide your child with healthy, safe, extracurricular activities or a chance to get an education, please do not hesitate to contact our firm
How is parental obligation calculated in New York?
The Child Support Standards Act puts a uniform system in place to mitigate the impact your divorce will have on your child with financial assistance. The formula for calculating child support in New Jersey is based on a percentage of the combined income of each parent and the number of children that require financial support. If the combined parental income exceeds $143,000 the court will apply the following child support percentages:
- One child- 17%
- Two children- 25%
- Three children- 29%
- Four children- 31%
- Five or more children- at least 35%
What else is considered when determining child support payments?
The court will consider several other factors when determining child support, including you and your former spouse’s:
- Assets and liabilities
- Financial resources
- Earning capacity
- Education level
- Tax implications
- They will also consider your child’s situation, with respect to his or her:
- Basic needs
- Financial resources
- Academic needs
When does child support end?
Typically, child support obligations end either when your child turns 21, or at the age where the courts determine your child is emancipated. If you or your former spouse wish to send your son or daughter to college, however, child support payments may be extended accordingly. If you believe you are paying unwarranted child support, or an unwarranted amount of child support, please do not hesitate to contact our firm so we can help you submit a request for the court to declare your child emancipated. If the court determines your child is financially independent, your obligation may be terminated.
Contact our experienced Suffolk County firm
Matters of divorce and family law should be navigated with the guidance of an experienced attorney. If you need strong legal representation regarding matters of divorce, family law, and estate law, contact the Law Offices of Susan A. Kassel, P.C. to schedule a consultation today.