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How is child support calculated? – AttorneyBernie.Com
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Transcript:
00:00:03 [Music] child support is basically what you should be paying to make sure that your child lives in the same to the same standard as what your child was used to when you were living together child support is something you should be proud of paying it’s your first Duty your first obligation child support is right up there with paying your taxes as far as I as far as I’m concerned different states calculate child support differently the family code has been there for many many years as to how it’s
00:00:36 calculated was built on some model in the 1940s in rural Iowa but that’s a whole different story but the main issues are what is the time share and what is the gross income of both of the parties the reason the time share is important is that the court wants to make sure that the person who’s the custodial parent has the funds available to keep the lights on to keep the water going healthy food in the fridge to make sure there’s gas in the car to go to practices and all that kind of thing the calculators take into consideration the
00:01:10 tax effects it takes into consideration how much you defer your income the other important aspect of child support that’s in the in the calculation is they’re mandatory add-ons both parents need to share Child Care both parents need to make sure the children are covered under under health insurance the Court can not necessarily order it 50/50 can order it in a different way bottom line you got to make sure that your attorney and the judge are working on the on the with the same set of software to make sure that
00:01:43 your child support uh orderer is correct [Music]