The following form is a Property Settlement Agreement including a Child Support, and Custody Agreement (which is somewhat unusual in an annulment situation).
Iowa Annulment Property Settlement, Child Support, and Custody Agreement
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How to fill out Annulment Property Settlement, Child Support, And Custody Agreement?
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To end support, parents must first ask us to suspend it. For the majority of the cases, parents must agree in writing to end support by asking for Suspension. Their request must be to end support for one or more of the children covered by the order. Suspension does not change the amount of past due support.
The mother usually has custody of her child if she is not married when the child is born. The mother can make decisions for the child and has the right to take care of the child. The father can "acknowledge" paternity. This means he says he is the father.
Joint custody formula: Iowa family courts use a worksheet with a formula that outlines a joint physical care method, which assigns a child support amount based on each parent's income. The net difference is calculated and paid by the higher earning parent to the lower earning parent.
For Joint Physical Custody situations the formula for determining the amount of child support paid by Parent 1 to Parent 2, and Parent 2 to Parent 1, is taking each parents basic support obligation using the Parents' combined income amounts, and multiplying that by 1.5 and then taking that amount and multiplying by 50% ...
In the case of parents having 50/50 joint physical care (a/k/a shared physical care), the parent whose income is higher will generally be required to pay child support.
50-50 Custody in Iowa In theory, this means that the children should spend a roughly equal amount of time with the child and should share equally in making decisions on any matters involving the children. Courts tend to lean towards this arrangement, though it isn't presumed in Iowa.
(Iowa Code § 598.1 (5).) Physical care refers to a parent's right to maintain a home for the minor child and provide a routine for care of the child. (Iowa Code § 598.1 (7).) Judges can award either type of custody to one or both parents, or a combination of both.
A marriage may be annulled for the following reasons (see Iowa Code section 598.29): The marriage between the parties is illegal. Either party to the marriage was impotent at the time of marriage. Either party already had a husband or wife living at the time of the marriage to be annulled.