The following form is a Property Settlement Agreement including a Child Support, and Custody Agreement (which is somewhat unusual in an annulment situation).
Mississippi Annulment Property Settlement, Child Support, and Custody Agreement
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Child support responsibilities usually end when the child turns 21 years of age, enters the military, gets married, becomes self-supporting or is adopted by a third party. A parent can seek a reduction in his/her child support payments if his/her salary decreases.
This fee is required pursuant to federal law. Section 454(6)(B)(ii) of the Social Security Act requires all IV-D Child Support Agencies to charge an annual fee of $35 on all cases that meet the statutory criteria.
The child support formula requires the nonresidential parent's net income combined with the number of children to support: 1 child = 14% of net income. 2 children = 20% of net income. 3 children = 22% of net income.
With an annulment in Mississippi, the marriage is declared null and void, as though it had never occurred in the first place. Annulments are only granted for specific circumstances, such as mental illness.
Seven years is the statute of limitations on retroactive support in Mississippi. It was changed to seven years in 1991. Before that, the limit was only one year. If you have questions about child support, back support, or retroactive support, call The Law Offices of Rusty Williard at (601) 824-9797.
In Mississippi for one child the non-custodial parent pays 14% of their adjusted gross income. For two children the non-custodial parent pays 20% of their adjusted gross income. For three children the non-custodial parent pays 22% of their adjusted gross income.
If both spouses used or paid for some asset or property, it is considered marital property. However, any assets or property a spouse owned before the marriage remain their sole property if they were kept separate from the other spouse.
If both parents share custody, does anyone pay child support? Almost always, someone will have to pay child support. Section 43-19-101 of the MS.