Missouri Exercise Agreement
Description
How to fill out Exercise Agreement?
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FAQ
50/50 custody does not preclude an award of child support. However, when custody is equally shared between the parties, an award would not be based on the amount of parenting time ? it would be determined by each parent's income.
Usually, a court will estimate that the cost of bringing up one child is $1000 a month, and the non-custodial parent's income is 66.6% of the parent's total combined income. Consequently, this means the non-custodial parent pays $666 per month in child support or even 66.6% of the whole child support obligation.
The failure of a parent to support a minor child that the parent is legally obligated to support is a crime in the State of Missouri. Nonsupport may be charged as a felony if the obligated parent fails to pay six months within a twelve-month period or has accumulated an arrearage in excess of five thousand dollars.
A Notice of Balance Due has been issued because of an outstanding tax delinquency. Failure to resolve the tax issue, within the stated time limits on the notice, will result in the suspension of your professional license or the loss of employment with the State of Missouri.
"Gross income" includes, but is not limited to, salaries, wages, commissions, dividends, severance pay, pensions, interest, trust income, annuities, partnership distributions, social security benefits, retirement benefits, workers' compensation benefits, unemployment compensation benefits, disability insurance benefits ...
In Missouri, extracurricular activities are considered separate and extraordinary expenses. A court without the agreement of the parties could not order the parents to support the club sport interests of the children without limit.
Missouri has a Schedule of Basic Child Support Obligations they use to calculate child support payments based on the parent's income (i.e. salary, annuities, social security, unemployment, and so on).
