What is the Minimum Amount I Have to Pay in Child Support?
Child support in Florida is based on the combined income of both parents and how many children a parent is responsible for supporting. What is the Minimum Amount I Have to Pay in Child Support? The minimum amount each parent is required to pay is established in guidelines. These guidelines are dependant on a monthly income level and the number of children that parent is supporting. If a parent is earning over $10,000 per month, he/she also pays, in addition to the amount in his/her monthly income level, 5% for one child, 7.5 % for two, 9.5%for three, 11%for four, 12%for five and 12.5%for six children. The court may deviate from the guidelines if necessary. What about the Child¿s Education? If necessary the court can set aside a portion of the parent¿s joint or separate assets in a separate trust or fund for the support and education of the child. Can the Child Support Order be Modified? Yes, it can be modified if there has been a change in financial circumstances, such changes are: - A big increase or decrease in either of the parent¿s income
- The child is spending a lot more time with either parent
- The child is several years older than when the original child support order was given
- Circumstances have changed and the child now has special financial needs, such as medical expenses or schooling
Do I Need a Lawyer? If you are seeking to establish child support, it may be wise to speak with an experienced family lawyer. Consulting with a family lawyer can help you understand your options and help you deal with the complicated legal system. |