UNDERSTANDING THE GUIDELINES FOR DADS WHO PAY CHILD SUPPORT
Copyright By Merlene Bishop
Every state has specific guidelines for calculating child support for dads that are based on his actual or potential income, and whether he is employed to his full capacity. They are also based on income from self employment, commissions, bonuses, interest, trust income or annuities, social security or unemployment benefits.
If you are unemployed or underemployed due to the recession, the guidelines for the amount of your child support can change based on your financial circumstances. Dads who are making a good faith effort should not be penalized, and the courts do determine who is making an effort and who is a deadbeat. Also, if you are serving in the military and you have other assets back home, that will be a determining factor. For example, your military income and the value of your personal property can be considered.
As a concientious dad, you want to do what is right for your children and you want them to have the best in life regardless of what the circumstances were of your divorce. If your income changes after your divorce, and you have a change for the worse in your financial situation, it is in your best interests to know what the guidelines are in your state for dads who pay child support.
Most parents will want a cooperative relationship with their ex spouse when it comes to the children, and if you and your ex have been able to establish that successfully, you will be better able to work together on the issue of child support if your income has decreased. The primary focus for both of you post-divorce is happy healthy children, so putting their interests first can help you avoid conflict on this issue. Also, if your ex spouse wants to get an increase in child support, you need to understand the guidelines for your state to make sure you are paying the right amount for your current situation.
This link can help you get more information about dads who pay child support, and specifically, helping you determine what the guidelines are. Click here to see it!