|
"If we each have the kids 50% of
the time, is it true that neither of us will have to pay child
support to the other?"
It depends.
If you are each making the same
amount of money and each had the children half of the time, then
neither of you would have to pay child support to the other. Of
course, under those circumstances, if the children were in
private school or went to summer camp, you would probably each
have to contribute 50% to that expense.
Then, there are questions of health
insurance coverage for the children and the cost of same, along
with contributions for unreimbursed medical, dental and other
health care expenses.
If, however, the two of you do not
earn the same amount of money, then there are calculations to be
done to determine how much one of you would pay to the other.
Under this scenario, the person earning more would have to pay a
specific amount of money to the person who makes less.
It is important to realize that
Federal mandates have existed requiring each state to enact a
child support formula for the calculation of child support
(lest the state run the risk of losing Federal funding). Each of
the fifty states has such a formula, though the contents of each
State’s formula varies. Length of time with the children is but
a single factor to be considered along with income of the
respective parties, income (if any) of the child or children),
and special needs of the children.
Under these circumstances, there
would also have to be a factoring in to the child support
equation issues of alimony (or spousal maintenance).
In addition to insurance and
unreimbursed expenses, there will be issues of child care,
private school (if appropriate), summer camp, and related
expenses.
There is of course an added issue of
who will pay for the clothing.
Consequently, this relatively simple
question has a complicated response.

|