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When was the last time you looked at the child support
you receive or owe? There are many reasons to take another
look at child support, whether you pay it or receive it.
The most frequent reason is that one party's income has
changed, either up or down. There may also have been changes
in the living situation of your children. Maybe one child
is now living with the other parent, or is attending college.
There have also been changes in the law governing the calculation
of child support. If you had fewer than
25 percent of the total overnights with each child, you
paid the full amount of child support, without any credit
for the money that is spent or saved when the children are
with the "non-primary" parent. There is a graduated parenting time credit if the non-primary
parent spends 25 percent or more of the overnights. Each
parent's number of overnights with each child is calculated,
which more accurately reflects the relative amount of money
that each parent spends directly on the children. If you
have standard parenting time, (i.e., alternating weekends,
four weeks in the summer, and alternating holidays) you
have the children at least 25 perent of the overnights,
and are entitled to a credit in the amount of child support
owed.
This new rule can create some difficulty in calculating
child support when a child is attending college. Once a
child reach 18 years of age, you cannot have "custody"
of the child nor can you have court-ordered parenting time.
Under the new guidelines, the number of overnights with
each parent must be put into the calculations - and this
cannot be done for a child attending college and receiving
child support. There are also the costs of college in addition
to the cost of living for the child, which can cause the
child support for that child to increase.
Although there is more uncertainty as to the appropriate
amount of child support, the child support of a child attending
school can more accurately reflect actual expenses.
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