Changes to New Jersey Child Support Guidelines: Do You Agree?
If you have children and have been involved in a New Jersey divorce case or other proceeding involving child support, you know that there are written Child Support Guidelines which most often determine the amount of that child support.
The New Jersey Child Support Guidelines are based on a system called the “Income Shares” model, which uses the incomes of both parents to calculate the amount of child support.
Federal law requires that New Jersey review its Child Support Guidelines every four (4) years, to ensure that they accurately reflect the current costs of raising a child.
The New Jersey Supreme Court’s Family Practice Committee recently released its Report, recommending some fairly significant changes to the New Jersey Child Support Guidelines, which reflect the tough economic times that many families are now facing.
If the proposed changes are implemented, this would be the third massive overhaul to the New Jersey Child Support Guidelines since their creation in 1986.
One of the proposed changes includes taking a more expansive look at the parents’ finances, over a period of up to twelve (12) years.
In addition, for the first time the New Jersey Child Support Guidelines would take into account a broader range of expenses. For example, outlays such as a principal mortgage payment would be considered.
Other potential changes include those which seek to address problems which commonly arise under the current Guidelines. Such problems include expenses incurred for vehicles primarily used by a child, cases involving multiple children with different parenting time schedules, and the treatment of Social Security Disability benefits.
Salvaggio Law Group LLC devotes its entire practice to New Jersey Divorce and Family Law matters, including issues relating to child support.
If you want to talk, please call us at (973) 455-1220 or fill out the Contact Form on our website.