Does physical custody affect child support?

Does physical custody affect child support?

When parents share the physical custody of their children equally, neither parent should be required to pay child support (others felt that this option would not be fair and may result in different standards of living in both households);

Does Child Support decrease if you have joint custody?

Joint custody doesn’t negate a child support obligation. Even if both parents share custody on an equal basis, one parent will inevitably owe some amount in child support. Unless of course both parents earn exactly the same income and spend exactly the same amount of time with the children, which is highly unlikely.

How does child support work when you share custody?

If you share custody of your children, it does not mean that no child support is needed. If you share custody, the rules for calculating child support are a bit different. You need to consider the amount in the tables that each of you would pay for those children if the other parent had sole custody.

Is filing for child support worth it?

Yes it is worth it. It not only guarantees that your child will have financial needs met, but it’s documented. The support order between my ex and I not only covers the monthly support payments, but also irons out costs of health insurance premiums, child care costs, and who claims the kid(s) on their taxes.

How long do you have to file for child support?

You have 13 weeks from the date you separate from your partner to apply for child support. If you do not apply for child support within that time, you can only receive the base rate for Family Tax Benefit Part A.