Child support is a critical aspect of ensuring a child’s needs are satisfied when parents are divorced. In New Jersey, child support is commonly determined by using the New Jersey Child Support Guidelines. The Guidelines have a predefined table that estimates the amount spent on children in intact families based on parental income and number of children, which determines the basic child support amount for each specific case. The Guidelines incorporate a number of financial figures and costs. Some common information imputed into the Guidelines are:
- Each Parent’s Income: Both parents’ gross incomes are considered. This includes wages, salaries, bonuses, commissions, and other income sources like rental income, dividends, or social security benefits.
- Alimony: If alimony is paid or received by either parent.
- Number of Overnights with Each Parent: The amount of time the child spends with each parent, particularly the number of overnights, is taken into account.
- Health Insurance Premiums: The cost of providing health insurance coverage for the child is factored in, and this cost is shared by both parents.
- Work-Related Child Care Costs: The cost of work-related childcare is considered and shared by both parents, proportional to their income.
- Other Dependent Deductions: If either parent has other legal dependents, such as children from another relationship, these are factored into the calculations.
In certain cases, the court may deem it appreciate to deviate from the Guidelines. This can occur when the combined parental income exceeds $187,200 per year, or if there are other factors that need to be considered, such as the special needs of the child, reoccurring extraordinary expenses, or other financial considerations.
Keep in mind that there are many other factors and consideration that go into the Cihld Support Guideline, that can increase or decrease the child support obligation in your case. As always, consult a legal professional to understand how these factors apply to your situation. It’s crucial to ensure child support is calculated fairly and accurately, prioritizing the child’s best interests.
Get in Touch With Our Dedicated Attorneys for Help With Your Case
If you or someone you know has a question regarding establishing or modifying child support, contact the Williams Law Group, at (908) 810-1083, today to learn more about how we can assist you.