Divorce is complex, and even spouses who are on good terms run into obstacles when negotiating the terms of their divorce. When children are involved, it can be even more challenging to reach a mutual agreement on things like child custody and child support, because children are a highly emotional matter. Parenting time and financial obligations to a child’s upbringing touch the core of a person and can thus be contentious issues. Particularly when one parent is seeking sole custody and severely limiting the other parent’s access to quality time with their child, finding mutual agreement on the financial backside can be hard to come by.
The New Jersey Child Support Guidelines outline considerations the court makes to ensure that the child of divorce will maintain the same standard of living they had prior to the separation. The court uses an income shares method to determine the amount a non-custodial parent will be required to pay to contribute to the child’s financial wellbeing, including food and housing, healthcare, transportation, educational and extracurricular supplies, and the child’s other basic needs. These considerations and calculations made by the court determine the percentage the non-custodial parent is required to contribute. Even if they make less money, the non-custodial parent will be required to provide equitable financial support to the child’s upbringing.
The income shares model is based on the principle that both parents, regardless of custody, are financially responsible for providing for their child’s needs. While it is not an exact science, the method estimates the proportion of each parent’s income that would have contributed to meeting the child’s financial needs prior to the divorce. This figure is used to determine a monthly child support obligation.
In addition to each parent’s income, additional factors such as the specific custody arrangement, the child’s age and needs, the parents’ assets and outstanding debts, their age and health status, and expenses associated with raising the child are taken into consideration.
When it comes to negotiating the important specifics of a divorce settlement agreement where a child is involved, including child custody and child support, it is always in your best interests to have the legal counsel of an experienced family law attorney. Because divorce is both complex and emotionally taxing, a divorce attorney at Bronzino Law Firm will serve as an objective and comprehensive facilitator of the process. We can make sure you cross all t’s and dot all i’s now while keeping your post-divorce wellbeing central to your focus. This includes your relationship with and obligations to your child. Our family lawyers are committed to serving families in Freehold, Sea Bright, Point Pleasant, Ocean Township, Long Branch, Belmar, and elsewhere in Monmouth and Ocean County in their child support, divorce, and custody matters. Contact (732) 812-3102 today for a free and confidential consultation to go over your case.
The Impact of Missed Custody Hearings: Understanding Default Orders A mother sits anxiously in the…
New Jersey's Enduring Commitment to Child Support, Despite Parental Bankruptcy Financial hardship can force you…
Balancing Child Support Responsibilities Across Multiple Families in NJ When parents have children from multiple…
Knowing What to Ask Your Surrogacy Lawyer in New Jersey Surrogacy may be a viable…
Understanding Unpaid Taxes in NJ Property Transactions Buying, selling, and owning homes comes with various…
Experienced NJ Family Lawyers Discuss Consent, Communication, and Abortion Choices in Complex Marital Dynamics What…