Do you have to pay child support if you have 50/50 custody in Texas?
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Do you have to pay child support if you have 50/50 custody in Texas?
The truth is, you’ll probably still end up paying child support even if the judge agrees to order a 50/50 possession schedule. It’s incredibly rare that a 50/50 agreement doesn’t involve child support in Texas because both parents rarely earn the same income.
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.
Do u have to pay child support if you have 50 50?
50/50 custody arrangements do not necessarily absolve parents of child support obligations. A court will consider the income and earning potential of both parents and order the spouse with the higher income to pay child support.
Is child support based off both parents income?
In law, it is considered the child’s right to have financial support from both parents. You and the other parent can figure out how you will deal with child support and payments, but you should use the Guidelines and tables to determine how much will be paid.
What is child support suppose to cover?
Child support as assessed by the Child Support Agency formula is meant to cover all expenses for children including food, housing, schooling, clothing and extra-curricular activities. Any additional costs due to a child’s ‘special needs’
Why is child support based on gross?
In general, when establishing someone’s ability to pay, courts take a parent’s gross income and subtract out any mandatory deductions, arriving at a “net income”. The rationale is that it is more important to pay for your child’s support than to pay back that loan you took out to repair your bathroom.
Is child support calculated off gross or net?
CHILD SUPPORT BASED ON GROSS INCOME CSA advises parties that this is what the children would be entitled to if the two parents were still together. But they would only be entitled to a net amount if the two parents were still together.
Does Child Support decrease as the child gets older?
The technical answer is no, as a child increases in age child support does not increase with it. However, there are circumstances in which the amount of child support being paid monthly can increase.
Can child support be reduced if father has another child?
Step-children Second or subsequent families often include children who are not biologically related to the parent of the child support children. Previously, a child support parent could only have their child support payment reduced if a court ordered that they have a responsibility to support their step-child.