Minnesota Financial Affidavit for Child Support

State:
Minnesota
Control #:
MN-SKU-0231
Format:
PDF
Instant download
This website is not affiliated with any governmental entity
Public form

Description

Financial Affidavit for Child Support

The Minnesota Financial Affidavit for Child Support is a standardized form used by the courts in Minnesota to determine each parent's income and expenses for the purpose of calculating Minnesota's child support guidelines. It is commonly referred to as the “Form 14” and must be completed by both parents in a child support case. There are two types of Minnesota Financial Affidavit for Child Support: one for married couples and one for unmarried couples. The form requires both parents to provide detailed information regarding their income, expenses, assets, and liabilities. This information is then used to calculate the appropriate amount of child support that each parent is responsible for paying. The form also allows for additional information to be included, such as medical insurance costs, daycare costs, and other special circumstances. Completing the Minnesota Financial Affidavit for Child Support is an important step in the child support process.

How to fill out Minnesota Financial Affidavit For Child Support?

How much time and resources do you typically spend on drafting official documentation? There’s a greater option to get such forms than hiring legal specialists or wasting hours searching the web for an appropriate blank. US Legal Forms is the leading online library that provides professionally designed and verified state-specific legal documents for any purpose, like the Minnesota Financial Affidavit for Child Support.

To get and complete a suitable Minnesota Financial Affidavit for Child Support blank, adhere to these easy steps:

  1. Examine the form content to make sure it complies with your state requirements. To do so, check the form description or take advantage of the Preview option.
  2. In case your legal template doesn’t satisfy your needs, find a different one using the search bar at the top of the page.
  3. If you already have an account with us, log in and download the Minnesota Financial Affidavit for Child Support. If not, proceed to the next steps.
  4. Click Buy now once you find the right document. Opt for the subscription plan that suits you best to access our library’s full service.
  5. Sign up for an account and pay for your subscription. You can make a payment with your credit card or via PayPal - our service is totally safe for that.
  6. Download your Minnesota Financial Affidavit for Child Support on your device and complete it on a printed-out hard copy or electronically.

Another benefit of our library is that you can access previously purchased documents that you safely store in your profile in the My Forms tab. Get them anytime and re-complete your paperwork as often as you need.

Save time and effort preparing official paperwork with US Legal Forms, one of the most reliable web solutions. Sign up for us today!

Form popularity

FAQ

Hall's case have been re-written, there is still a presumptive ?cap? or ?limit? on how much income can be considered for a parent's child support obligation. Presently, that limit is Fifteen Thousand Dollars ($15,000) combined monthly income from both parents. See Minn.

Minnesota Child Support Enforcement Measures If a non-custodial parent owes at least three months of current child support, the child support office reports the delinquency to credit bureau agencies.

Second, the minimum basic support amounts were changed so that now, minimum amounts start at $50 for one child, with $10 increases for each additional child up to six children. In the case that a non-primary custodian has over six children, the judge will exercise discretion in setting a minimum basic support amount.

Basic child support is calculated based on the combined gross income of both parents and is allocated based on each parent's proportionate share of the combined parental income for child support. Minn. Stat. § 518A.

Today, the limits for child support are set forth in Chapter 518A. 35 of the MN Statutes. In 2020, only the first $15,000 of combined monthly parental income is used to determine the basic support amount.

The obligation for one child with PICS of $6,000 is $895 per month (there is a large matrix in the MN child support laws which provides an obligation amount for every combination of the number of children and PICS amount). Jack is apportioned 67% of the obligation, which is $600 per month.

Maximum support The maximum child support payable is also known as the ?cap?. The maximum child support is applied to the combined income of both parents up to 2.5 times the annual equivalent of all Male Total Average Weekly Earnings (MTAWE) and calculated using the Costs of Children Table.

Trusted and secure by over 3 million people of the world’s leading companies

Minnesota Financial Affidavit for Child Support