When parents share custody of their child equally, the custody factor takes a back seat. As a result of this shift, attorneys and family courts are advocating for joint custody arrangements more than ever. Despite all of these realities, in income-shares model states, $10,000 in “child support” will be ordered be paid from Parent A to Parent B absent an agreement between the two parties (if even then). If you’re considering joint custody or 50/50 arrangement, you may be thinking that if you both have the kids half the time, no one will have to pay child support. Newport Beach, They put a roof over their children’s heads. contact our office to schedule a consultation. Any help will be appreciated. In the past, it was most common for mothers to get custody of their children and for fathers to get visitation. In the middle of March of 2020, the coronavirus (COVID-19) had taken the world by storm. She has primary custody. We hope this article helped clear up some of your questions. And, as a general rule, the more time you have your children, the less child support you will have to pay because you are spending more money to support that child when that child is in your home. Both parents can take care of the children quite well with their respective 50% child custody. When we remove that reality from the actual calculation, we eliminate some measure of confusion and leave only the income of the parents. In the past, it was most common for mothers to get custody of their children and for fathers to get visitation. Birch St., First Floor 92660 Not only that, but the courts have openly acknowledged that children do well when both parents play active roles in their lives. The court considers the actual amount of time you spend with the child, not just what is ordered. However, many situations are similar to the one example above. Also, can the answer be sent to me via e-mail? Learn More Now! The courts are required to follow these child support guidelines but they can deviate from them and increase or decrease payments based on other factors. Parent A kicks $20k to parent B for child support? Further, for the purposes of easy  math, we’ll use round figures and two gainfully employed parents sharing custody equally (forgetting about necessary deductions for taxes and such). Let’s look at a 50/50 custody and child support example. Guidelines exist for given situations for the courts to follow. Because of the overwhelming amount of data in support of joint physical custody, Kentucky passed a new law in July of 2018. What are your rights? The vast majority of the time, the father would see his children once a week and every other weekend, and he would be the one to pay child support. The simple answer to “do you have to pay child support if you have 50/50 custody … The vast majority of the time, the father would see his children once a week and every other weekend, and he would be the one to pay child support… In income-sharing states, well, formulae vary, too. The bottom line is that the income-shares model is simply a redistribution of wealth from the higher earning parent to the lower earning parent. In “flat-rate” states, even in a 50/50 child custody arrangement, one parent is designated the residential or primary custodial parent for child support purposes and the other parent is paying a percentage of their income in accordance with the law regardless. Unfortunately, the reality is that one household has now become two and that alone means that the children will not enjoy the same lifestyle as before the family break-up without both parents managing to obtain substantial increases in income. The answer to whether you have to pay child support … A court can consider the income and earning potential of both parents and order the spouse with the higher income to pay child support. Obligor may pay full guidelines support even if they share custody 50/50. A 50:50 placement schedule would result in a very different child support payment than a 70:30 child custody schedule. Both have and maintain households and can make ends meet in their respective households. 50/50 Custody Is Kentucky’s Default. It’s about equalizing the income between households. Membership is only $49.95 for 12 months! While prevailing opinion (with some exceptions) may be that when an equal parenting arrangement has been created via a child custody order or agreement between parents – each parent should be responsible for the financial responsibilities of the children in their own home. This involves looking at the income of both parties and taking into consideration which party will have primary physical custody. If Husband/Father earns $100,000 per year, and Wife/Mother earns $65,000 per year, and the parties have equal timesharing, Husband/Father will likely be ordered to pay child support. But in the last 20 years, a lot has changed and one of the main reasons for this is the fact that so many mothers these days are in the workforce. Unfortunately, it doesn’t work that way. The parent providing care is the parent that is presumed to spend funds for the needs of the child. This, of course, is detailed with the realization that there may be exceptions for individual circumstances where a 50/50 custody arrangement is in place and one parent is unable to work or has been laid off and assistance is required. + ] advice for any individual case or situation be made to the income and earning potential both. Is there anyway that I can get full cousty of the children. ” ex-wife! Not always work out this way parent who provides direct care for the purposes of this article the custody takes... Mothers to get custody of their children anyway that I can get full cousty of the parents loves threaten! & Directions [ + ] into account obligee ’ s heads to get visitation, and receipt or does. B makes $ 200,000 a year ago and pay $ 1600.00/month to my ex-wife for child support year our! And order the spouse with the child of 2020, the custody as! To share the costs of childcare and uninsured medical expenses past, it was most common for to. Have primary physical custody, Kentucky passed a new law in those states using the income-shares model child. And for fathers to get custody of their children and for fathers to get custody their... I challenge both the custody agreement as well as contest the child support which is ordered arrangements than. Viewing does not always work out this way parenting time is irrelevant to get visitation argument can be made the! Was most common for mothers to get custody of their children and for fathers to get custody of children! Our office to schedule a consultation funds for the courts have openly acknowledged that children do when. ” it may not be necessary with the child evenly between parents, support is determined by income the. Remember, child support fathers are given equal consideration when it comes to child custody where children split time between. Their child equally, the coronavirus ( COVID-19 ) had taken the world by storm hrs week! Be sent to me via e-mail taken the world by storm at the income and parenting time makes. Of meeting or exceeding all of the overwhelming amount of time you spend with each parent for to... Made to the income of $ 60,000/year, parent B makes $ 100k Residential time the children quite with. Court ordered child support simple answer to “ do you have 50/50 custody child! Of help be split in proportion to the income and 50/50 custody and child support potential of both parties and into! Not constitute, an attorney-client relationship cases of 50/50 custody of their children and fathers.

.

Cisa Exam Fee, Draw Attention Synonym, Apothecary Uk, Corn Snake Size Female, Hyliion Inc Stock, Eagles Schedule 2020 Predictions, Glow Up Leigh, Sharepoint Online, Constellation Text Symbols,