When the marital home is sold and a custody schedule is set, the issue of New Jersey child support is one that all parents must resolve. Because a divorce can split a couple’s bank account in half, matters such as each parent’s earning capability and time spent in custody of all children are critical to determining which parent pays child support and how much. Because child support can be a nebulous issue to resolve, the state of New Jersey has put into place a series of regulations that help newly divorced individuals to hammer out an agreement regarding financial support of their children. If you have any questions about the particulars of child support payments, watch the video below, in which Morris County divorce attorney David Salvaggio outlines how New Jersey couples can use state guidelines to determine child support payments.
How Is Child Support Determined in New Jersey?
Children are entitled to be financially supported in accordance with the economic status of each parent. There are written Child Support Guidelines to assist New Jersey courts in determining a fair and adequate child support award. However, the applicable New Jersey Court Rule expressly provides that, in certain cases, a court may modify or disregard the New Jersey Child Support Guidelines.
There are a lot of variables in the Guidelines. Each parent must complete a worksheet, which provides information on the parents’ overnight parenting schedule, income, alimony obligation, other child support obligations, child care costs, and health insurance costs for the child. The Guidelines currently address children whose parents’ combined net annual income is up to $187,200.00. If the parents’ combined net annual income exceeds that amount, the maximum Guidelines-based child support award must be supplemented.
If you have questions about New Jersey Child Support guidelines, please contact our office to arrange a free phone consultation. There is never a charge for initial telephone conferences. We welcome phone calls from potential clients, even if you are not sure whether or not you are ready to go forward.
Still have questions? Check out our Guide to Getting Divorced in Morris County to learn more.