Maybe it’s the holidays or the change in needs and wants of your child as they age, but raising a child can easily take a good chunk out of your paycheck. For divorcing parents, the idea of managing these costs can feel emotionally and financially draining.
As such, divorcing parents need to address these costs by establishing child support. While some negativity surrounds a child support order, these funds are necessary to ensure the child’s needs are met.
Establishing child support
Whether you and the other parent are able to come to terms on an agreed amount or not, there are guidelines used in Florida to calculate child support in the given situation. At Fried and Fried, P.A., our skilled attorneys understand the complexities child support can bring to an already challenging time. This is why our law firm is focused on identifying the needs of the children and all factors that impact child support calculations.
Both parents have the legal responsibility to support their children financially. Because they are no longer a married unit, the amount paid by each parent needs to be established. If one parent makes more than the other, this is where a child support order can address this difference.
Once the need for child support is established, the amount needs to be set. It should be understood that this amount could change in the future; however, the terms of the order will be based on the current situation.
The guidelines in the state of Florida takes three main factors into consideration when establishing child support. The first is the standard needs of the child. The next is the costs associated with child care and health care. Finally, the income of each parent is assessed. Because other factors could illustrate a need for a deviation from the guidelines, it is important that parents seeking child support include complete and accurate financial information.
Navigating family law matters, such as child support, can feel overwhelming and confusing. Thus, it is important to consider your legal options and rights, helping you make well informed decisions.