Child Support Alimony Calculator With Shared Custody In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-00004BG-I
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Word; 
PDF; 
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Description

The Child Support Alimony Calculator with Shared Custody in Bronx is a comprehensive tool designed to assist individuals and legal professionals in calculating child support and alimony obligations based on shared custody arrangements. This form takes into account the income of both parties and the custodial arrangements, providing a clear breakdown of financial responsibilities. It is particularly useful for attorneys, paralegals, and legal assistants working on family law cases, as it streamlines the process of determining support amounts and ensures compliance with local legal standards. Users are guided through filling out the form with straightforward instructions, making it accessible even for those with limited legal experience. The form allows for modifications, accommodating changes in income or custody circumstances. Additionally, it supports collaboration among partners and associates by providing a clear framework for discussions about financial responsibilities. Overall, this calculator is an essential resource for anyone involved in family law cases in the Bronx, ensuring fair and accurate calculations for child support and alimony obligations.
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  • Preview Affidavit of Defendant Spouse in Support of Motion to Amend or Strike Alimony Provisions of Divorce Decree Because Of Obligor Spouse's Changed Financial Condition
  • Preview Affidavit of Defendant Spouse in Support of Motion to Amend or Strike Alimony Provisions of Divorce Decree Because Of Obligor Spouse's Changed Financial Condition

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FAQ

For one child, you take 17% of the parents' combined income, for two children you take 25%, for three children you take 29%, for four children you take 31% and for five children you take no less than 35% of the parents' combined income and this percentage amount represents the basic child support obligation.

In New York State, who pays child support in a 50/50 joint custody arrangement since there there is no one "custodial parent"? Generally, the lower-earning parent will be treated as the “custodial parent” and the higher-earning parent will end up paying child support.

Joint Custody Cons Not every divorced couple is able to work together. In some cases joint custody just leads to more fighting and bitter parents using a child as a bargaining chip for petty revenge. Lastly, in some cases the split supervision may result in some of the child's needs being missed or outright ignored.

Typically, the judge will take 20% of the lower-earning spouse's income and subtract that number from 30% of the higher-earning spouse's income. For example, one spouse makes $100,000, and the other makes $20,000. Thirty percent of $100,000 is $30,000, and 20% of $20,000 is $4,000.

The Guidelines set a minimum child support amount of $91.00 per child per month.

Regardless of marital status, parents have a legal duty to support and provide for their children. This means you can pursue a child support order if you and the other legal parent are living apart and they are not appropriately contributing to your child's financial needs.

The type of custody you have (joint or sole) has no effect on child support. Parenting time can have an effect on child support with a reduction to the payor for having over 30% of the time. This is based on the old standard of parenting time with a ``custodial'' and ``non-custodial'' parent.

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Child Support Alimony Calculator With Shared Custody In Bronx