What happens if the custodial parent makes more money?
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What happens if the custodial parent makes more money?
If the paying parent earns a great deal of money, has other significant assets, or receives in-kind compensation like employer-provided housing, the judge may order a higher-than-guideline payment. The guideline amount is more than what’s needed.
How does child support work if custodial parent makes more money?
Even when children split their time equally between both parents, for example, spend one week with their mother and the next with their father, the court will still order one parent, usually the parent who earns more money, to pay child support to the other parent.
How do I file for full custody in NY?
Where to File for Custody. Custody cases are usually started in Family Court. The petition should be filed in the county where the child lives. Sometimes, if the parents are married and getting a divorce, one of the parents file for custody as part of the divorce in Supreme Court.
Do you pay child support with joint custody in NY?
New York State courts still require one parent to pay child support. When the parties share joint physical custody, it can be factor that the court considers when awarding child support payments, but it is certainly not a complete bar to payment of child support.
What rights does a father have with joint custody?
4. Share in major life decisions. If you have equal shared legal custody of your children, you have the right to participate in decisions about things like education, religion and medical care.
Does joint legal custody mean no child support?
Yes. 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. So even if the child spends equal time with each parent, the parent with the higher income will owe child support.
