How Much Child Support Will I Have To Pay?
If you and your partner have children and decide to separate or divorce, one of you may be liable to pay child support. The level of child support you have to pay will depend on a wide range of factors, including your and your partner’s income and financial situation.
Since child support matters can be complex, they are sometimes taken to a family court. If this happens to you, you should consider employing family lawyers to make sure that the court’s decision is fair and impartial.
How Is The Amount Of Child Support I Have To Pay Determined?
There are a number of different ways to decide how much child support has to be paid for your children. These include:
Informal arrangements – If the parents split on good terms, they may be able to come to an informal arrangement that they are both happy with. This is probably the easiest way to do things, as it results in a friendly relationship and reduces the costs associated with third parties.
Formal arrangements – Similar to informal arrangements, both parents can agree on formal child support arrangements if they want to.
Department of Human Services child support assessment – The department of human services will determine how much you or your partner should pay in child support according to a complex formula. This will take into account your income, the costs of raising your children and how long the children spend in each parents care.