What Expenses Are Covered By Child Support?

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What Expenses Are Covered By Child Support?

If you are getting divorced in New York, you likely have a lot of questions and concerns about child support. You may be wondering how it will be calculated, what it will cover, and so on. Read on to learn more about child support and the expenses covered in New York.

What is the Child Support Standards Act?

The Child Support Standards Act puts a system in place to help courts determine a child support agreement that will serve the child’s best interests. 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 Factors Determine Child Support?

When determining child support, the court wi;; take a number of factors into account. The factors the court may examine include:

  • Assets and liabilities
  • Income
  • Financial resources
  • Earning capacity
  • Education level
  • Tax implications
  • Basic needs
  • Age
  • Financial resources
  • Academic needs
  • Health

What Expenses Are Covered by Child Support?

Child support is intended to support the needs of the child, which generally applies to:

  • Basic necessities
  • Medical care
  • Educational fees
  • Childcare
  • Transportation/travel
  • Entertainment
  • Extracurricular activities
  • College expenses

When Do Child Support Payments End?

For the most part, child support is paid to the custodial parent by the non-custodial parent. The custodial parent is the parent with whom the child resides for the majority of the time. This involves providing the child with a home, food, clothing, education, and more. They are responsible for the child’s basic upbringing. It is because of this that the non-custodial parent is required to financially assist the child. Child support exists to help the other parent handle the child’s cost of living. Generally, child support payments end when a child reaches the age of emancipation and is able to support themselves. In the state of New York, this age is generally 21 years old. That being said, parents are often required to assist their children with higher education if the child chooses to go to college. There are other circumstances that may determine whether child support is terminated early or extended. 

If you have any questions regarding child support in New York, contact our firm to discuss with an experienced family law attorney.

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I hired Susan to represent me in a divorce matter where I was fighting for custody and to limit my wife's equitable share of our assets. I won custody of our son, kept the marital residence, kept my professional practice, kept my building and paid less than half to my wife. This was after a long-term marriage. She could persuade the court that equitable is not equal and sometimes the man does deserve to win!

‐ Dave

I first must say that I had been represented by two prior attorneys both of whom had simply taken my money and left me nothing to show for it in my custody case. They kept telling me what they were doing for me but I found out they were lying. Susan on the other hand had gotten me temporary custody and support for my children and myself within two months of hiring her. I cannot say enough about her.

‐ Craig

After talking to a few other attorneys, I hired Susan to represent me in my divorce and custody dispute. I was reluctant to go with her because she was the cheapest out of all the other attorneys I met with, but I'm so glad I did. I am 100% positive no one else would have done such a great job with my case as Susan and her staff. Her work is quality, her staff is reliable and her character is honorable. There...

‐ Linda

I had a very difficult case where I had already burned through two attorneys who were unable to get me custody of my children and complete my divorce. Susan was able to rapidly work out an agreement and not let it just malinger on like my previous experiences. She was also considerate of my financial situation unlike all of the other lawyers I had spoken to. I highly recommend her if you want complete and caring service with an in-depth knowledge of...

‐ Joanne

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