Child support agreements exist to help parents who don’t live in the same household divide financial responsibilities fairly. Parents who have divorced or separated, as well as parents who were never married can petition for child support La Verne CA.
Many factors go into determining how much each parent should contribute to childcare. Your family law attorney can help you understand these factors and how they relate to the California child support calculation. The impact of the following are especially important:
- Income of each parent
- Assets belonging to each parent
- Other financial obligations of each parent
- Child’s special needs
- Child’s medical conditions
- Custodial parent’s standard of living
In order for children to transition as easily as possible between their parents’ households, it’s considered important for the households to be relatively comparable in terms of standard of living. Therefore, a wealthy parent can’t just provide the bare minimum of child support to the custodial parent, especially if that parent has no other means of support.
Chances are, your first child support agreement will not be your last. Circumstances change, and the child support agreement will need to be updated accordingly. For example, your child might be accepted to a private school and require more child support for tuition, or your spouse might get a new, higher paying job and be able to maintain the same standard of living with less child support. Your family law attorney can help you determine if and when child support modifications are needed, and then file the appropriate petitions.