A separation agreement is a formal agreement between husband and wife. A separation agreement usually contains, among others, the following provisions:
" If there are children, how much child support is to be paid and the terms of payment.
" A visitation schedule.
" How much alimony (if any) is to be paid.
" Responsibility for the joint bills.
" Who will remain in the marital residence and who will pay for its upkeep.
" How to split any tax refund and tax deductions.
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However, this is incorrect. In the vast majority of joint custody situations, the noncustodial parent will need to pay child support in Texas.
Yes. Child support should not be confused with custody and visitation. Every parent has an obligation to support his or her children. With one narrow exception, no state allows a parent to withhold support because of disputes over visitation.
Even if the custody order has a child with you half of the time, you will likely be required to pay child support anyway. In fact, in joint custody situations, it's highly unlikely that child support won't be included. There is almost always some sort of income disparity, and it may be a large one.
For example, some families may choose to alternate custody every two weeks. Also, some co-parents add a midweek overnight to a 4-3 schedule. The most common co-parenting 50/50 plans include 2-2-3, 3-4-4-3, 2-2-5-5, and alternating weeks.
In Texas, the courts assume that joint conservatorship (custody) is best for the children ? unless one parent has a history of domestic violence or substance abuse. Joint custody allows both parents to make important decisions about their children, but does not account for parenting time.
For one child, the parent retaining custody of the child will receive child support payments beginning at 20% of the net monthly income of the other parent. This is the base amount of child support and can be increased depending on other needs.
Even if the custody order has a child with you half of the time, you will likely be required to pay child support anyway. In fact, in joint custody situations, it's highly unlikely that child support won't be included. There is almost always some sort of income disparity, and it may be a large one.
Calculate Your Support Obligation 1 child = 20% of net resources. 2 children = 25% of net resources. 3 children = 30% of net resources. 4 children = 35% of net resources. 5 children = 40% of net resources. 6+ children = at least 40% of net resources.
Options for calculating child support in 50/50 parenting plans are: 1) Parents can agree to an amount of child support (including agreeing to guideline child support that one parent pays the other); or 2) offset each parent's guideline child support obligation; and 3) if there is alimony (spousal maintenance) too, ...
