How is child support calculated in NY for 50 50 custody?

In New York State, who pays child support in a 50/50 joint custody arrangement since there there is no one "custodial parent"? Generally, the lower-earning parent will be treated as the custodial parent and the higher-earning parent will end up paying child support.

How does child support work in NY with 50/50 custody?

In New York State, who pays child support in a 50/50 joint custody arrangement since there there is no one "custodial parent"? Generally, the lower-earning parent will be treated as the custodial parent and the higher-earning parent will end up paying child support.

How is alimony and child support calculated in NY?

Typically, the judge will take 20% of the lower-earning spouse's income and subtract that number from 30% of the higher-earning spouse's income. For example, one spouse makes $100,000, and the other makes $20,000. Thirty percent of $100,000 is $30,000, and 20% of $20,000 is $4,000.

What is the disadvantage of joint custody?

Joint Custody Cons Joint custody does introduce a degree of instability into a child's life, as they have to go back and forth between each parent's home for visits. For younger children this lack of stability affects them more noticeably. Not every divorced couple is able to work together.

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Child Support Alimony Calculator With Shared Custody In Kings

Category:

Family Law - Divorce - Affidavits

State:

Multi-State

County:

Kings

Control #:

US-00004BG-I

Format:

Instant download

Description

The Child Support Alimony Calculator with Shared Custody in Kings is designed to assist users in determining appropriate child support and alimony amounts based on shared custody arrangements. This calculator uses various inputs, including the income of both parents, custody percentages, and any other relevant financial information, to derive accurate calculations. The form is particularly useful for attorneys, paralegals, and legal assistants who handle family law cases, allowing them to provide clients with informed recommendations regarding financial support obligations. Key features include an easy-to-follow format that guides users through the necessary steps for inputting data, ensuring clarity in calculations. The form also includes editing instructions to help users make adjustments in real-time, reflecting any changes in custody or income. Additionally, it is applicable in scenarios involving modifications of support orders where shared custody is established or changed. Legal practitioners can utilize the calculator not only to streamline their casework but also to prepare for negotiations or court proceedings effectively.

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FAQ

A: The disadvantages of 50-50 custody are that children have a less stable living environment and must frequently move between homes. It can be complicated for both parents and children to frequently switch between homes.

In New York State, who pays child support in a 50/50 joint custody arrangement since there there is no one "custodial parent"? Generally, the lower-earning parent will be treated as the “custodial parent” and the higher-earning parent will end up paying child support.

Typically, the judge will take 20% of the lower-earning spouse's income and subtract that number from 30% of the higher-earning spouse's income. For example, one spouse makes $100,000, and the other makes $20,000. Thirty percent of $100,000 is $30,000, and 20% of $20,000 is $4,000.

If your divorce established joint physical custody, then child support will be based on his gross monthly income and yours. Whoever makes more pays the difference to the other. So long as he makes more than you do, he will be paying you child support.

50/50 custody is a joint custody arrangement where the parents share equal (50/50) parenting time with their child. A New York court will award joint 50/50 custody if it determines that doing so is in the best interest of the child.

Joint Custody Cons Joint custody does introduce a degree of instability into a child's life, as they have to go back and forth between each parent's home for visits. For younger children this lack of stability affects them more noticeably. Not every divorced couple is able to work together.

Lowering Your Payments Gather evidence of changes in circumstances. File a Petition to Modify Child Support. Argue that you are paying “extras.” In your motion, you may argue that you have been paying more than what the child support order required. Identify a change in financial circumstances.