Alaska Agreement by Father to Provide for Financial Support of Children

State:
Multi-State
Control #:
US-01621BG
Format:
Word; 
Rich Text
Instant download

Description

This agreement does not state why it is necessary and is not necessarily being made in contemplation of divorce or separation. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Rule 90.3 says that the portion of an adjusted annual income over $126,000 will not be used in calculating the child support amount, unless the other parent presents evidence showing the higher income should be used in the calculation. If the cap is used, the AI will be $126,000 for the calculation.

Rule 90.3(f)(3) defines divided custody as when both parents have primary physical Page 9 custody of at least one of the parent's children and the parents do not share custody of any of their children. The calculation of support for divided custody is a two-part process.

In Alaska, the withholding limit for child support is 40% of net income or 50% if Medical Support is required.

Gross earnings: Gross earnings are established based on tax records and current pay stubs. Alaska law requires the use of both parents' incomes (nonresidential for sole custody and both for joint custody) from the equivalent of one full-time job to determine a child support amount.

That court rule says that the noncustodial parent of one child should pay 20% of his or her adjusted income to support one child. Adjusted income means earning after deductions for taxes, union dues, retirement deductions and other mandatory deductions.

You can request a modification by calling, emailing or writing to CSED. Include your federal income tax returns for the past two years, W-2's (annual wage statements you receive from your employer), pay stubs for the past three months, and proof of health insurance coverage.

In Alaska in situations where one parent has primary custody, child support is based upon the earnings of the noncustodial parent. If there is shared or divided custody, the child support is based on the income of both parties.

The law says that parents must support their child from the time the child is born until the child turns 18. If you have a child?even if you didn't know about a child that you fathered?you can be required to pay child support from the time of the child's birth.

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Alaska Agreement by Father to Provide for Financial Support of Children