Missouri Financial Worksheet Lump Sum Determination

State:
Missouri
Control #:
MO-SKU-0553
Format:
PDF
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Description

Financial Worksheet Lump Sum Determination

The Missouri Financial Worksheet Lump Sum Determination is a tool used by the Missouri Department of Social Services to determine the amount of money that a child support obliged can pay for a lump sum payment towards current support. The worksheet is used to calculate the amount of a lump sum payment that could be made in order to satisfy a current support obligation. It takes into account the family's current financial situation, the obliged's income, and other factors such as arrears, interest, and fees. There are two types of Missouri Financial Worksheet Lump Sum Determination: the Standard Worksheet and the Simplified Worksheet. The Standard Worksheet is used to determine the amount of a lump sum payment when there is a current support order in place, while the Simplified Worksheet is used when there is no current support order.

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Missouri Financial Worksheet Lump Sum Determination