Child support is a central aspect of divorce for couples with kids. This duty ensures that parents take care of their children financially after separation.
Whether you expect to receive or pay child support, you should review the ins and outs of this topic closely.
Child support payments
Child support is typically paid by the non-custodial parent to the custodial parent. These payments help contribute to the child’s expenses, such as food, clothing, education and healthcare. The amount of child support depends on factors like each parent’s income, the child’s needs and the custody arrangement.
Child support guidelines consider multiple factors, and it is important to prepare for this facet of divorce carefully. For example, make sure you gather any necessary paperwork and records needed to calculate support.
Failing to pay support
Child support payments are legally binding, and failure to pay can result in serious consequences. The New Jersey Legislature states that you could lose your driving privileges and even your freedom due to child support arrears. Not to mention, unpaid child support could shatter your reputation and create a considerable amount of stress. It is vital to fulfill your child support obligations to avoid these consequences.
If you are facing challenges with child support, look into potential options such as modifying your child support order or setting up a payment plan. Make sure you have a clear understanding of these options as well as your obligations. By approaching child support issues with transparency and cooperation, you can help secure your child’s financial well-being post-divorce.