Arizona Sample Letter for Property Settlement and Child Support Agreement
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How to fill out Sample Letter For Property Settlement And Child Support Agreement?
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FAQ
A parent's obligation to pay child support terminates on the last day of the month that the child turns 18 years of age. However, if the child is still in high school the parent's obligation to pay child support terminates once the child graduates from school or turns 19 year of age.
If The Parents Agree, Child Support Can Be Changed or Removed. Because of changes in circumstances for either of the parents, the two parties may agree to forgo payments. This can happen when the marital status of the custodial parent changes, the income of a parent changes, or other circumstances.
By application of the guidelines, the amount of support to be paid is calculated after considering many factors, including both parents' gross incomes, the child's medical expenses, work-related daycare expenses, any extraordinary expenses and the number of children residing in the home, among other things.
In this case, the court may decide not to order the support. However, if you have equal custody but your incomes are significantly different, that will also make a difference in the calculated support amount. The parent with higher income will likely be ordered to pay child support to the lower-earning parent.
A 50-50 division of parenting time *often* results in a minimal - or even nonexistent - need for child support payments. But not always! Much depends on your respective incomes, who pays the medical insurance, extraordinary child expenses, daycare, and spousal maintenance.
In Arizona and many other states, there is the presumption that the parents will both have 50% parenting time and joint legal decision-making. Of course, there may be factors that change this. For example, someone who is abusive or who has a serious substance abuse problem may not get joint legal decision-making.
How Much is Child Support in Arizona. The court orders a flat percentage of 25% of the non-custodial parent's income to be paid in child support to the custodial parent.
Here are some common parenting time schedules used in Arizona: 50/50 Schedule: This schedule provides equal parenting time to both parents, with the child spending equal amounts of time with each parent. This can be on a weekly or bi-weekly basis.
