Guam Form of Parent Guaranty

State:
Multi-State
Control #:
US-P0710AM
Format:
Word; 
Rich Text
Instant download

Description

This form is a model adaptable for use in partnership matters. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money.
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FAQ

If you are a non-custodial parent living in Guam, you may be required to pay child support. Child support payments are based on your income and the number of children you have. You will be responsible for making regular payments until your child turns 18 years old or graduates from high school, whichever comes later.

Guam law favors joint legal and physical custody under most circumstances. With joint legal custody, both parents must consult each other before making major decisions impacting the child/ren. If parents have joint physical custody, then the child/ren spends equal time with both parents.

Summary Interest on Child Support Arrears StateInterest on ArrearsSummaryGuamYesPrior to Jan. 1, 2008: 12% per annum Since Jan. 1, 2008: 6% per annumHawaiiNoIdahoNoIllinois*Yes9% per annum.44 more rows

Even in cases where parents equally share physical custody, child support will be ordered if there is a disparity between the parents' income. Because child support is a right of the child and not the parent, parents cannot waive child support.

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Guam Form of Parent Guaranty