In Indiana, there have been significant layoffs and job terminations due to the outbreak of the Coronavirus. For non-custodial parents who pay child support, suddenly their child support payments paid through a typical income withholding order does not occur. However, just because you lose your job does not lower or terminate your child support obligation. You have to act. The same is true if you are paying child support directly through the clerk. If you do nothing, your child support will continue to be owed and come to add up to a significant arrearage. This blog discusses options for parents ...
Tag: child support guidelines
April 6, 2020CD
Fortunately, Indiana has a strong and growing economy with little debt. For this reason, along with its central location, many marital estates are in excess of one million dollars. Divorcing parties in this situation are fortunate in that they likely have enough money to properly account for the basic cost of a divorce which is a complex legal transaction (including tax issues, determining finances through a financial declaration, attending a parenting class, and valuing and dividing assets that were often not contemplated to be divided). With the high asset divorce, there are two great challenges facing lawyers and their clients. The ...
March 6, 2017Adam Hayes
Beware of “True Up” Provisions and Changing Child Support Formulas When calculating child support, complex mathematical formulas are utilized which take in account prior and subsequently born children, health care costs, and the number of overnights exercised by the parent paying child support, to name a few. These are constant considerations in virtually all child support calculations. Because the child support calculation formula is used to determine child support for numerous types of parents across many types of economic circumstances, it remains fairly general. Stated differently, the income, status, and finances of each parent is different, and as such, a basic formula ...
June 26, 2012CD
During a divorce or separation proceeding the issues of custody, parenting time and child support are determined, if not by an agreement approved by the court, than after a hearing. Child support is the duty of both parents. In practice, child support is generally paid by the parent who does not have physical custody (non-custodial) to the parent who was awarded physical custody. This occurs because the noncustodial parent is typically awarded parenting time and given a credit against his or her child support obligation. In addition, there is a presumption against “negative” child support, meaning the custodial parent pays the non-custodial ...
April 19, 2012CD
In these times of global financial uncertainty, Ciyou & Dixon, P.C. advocates observe that it is tougher than ever for divorced parents to make ends-meet. To some extent, this has always been the case. It’s a matter of basic economics–it costs more to run two different households, particularly on a single income if the other ex-spouses have not remarried. This coupled, with recent revisions to the Child Support Guidelines, makes the idea of child support modification a more ready consideration, or down-right appealing, to many parents. However, a child support modification does not occur just because of the passage of time ...
September 27, 2011CD