The following form is a Property Settlement Agreement including a Child Support, and Custody Agreement (which is somewhat unusual in an annulment situation).
Kentucky Annulment Property Settlement, Child Support, and Custody Agreement
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
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How to fill out Annulment Property Settlement, Child Support, And Custody Agreement?
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FAQ
New Income Maximums The new changes to child support law increase the maximum combined monthly adjusted parental gross income utilized for calculating child support. Previously the chart stopped at $15,000 monthly, which is $180,000 per year. The new chart goes up to $30,000 monthly, or $360,000 per year.
If it is brought before the child turns four years old, the child support order can be retroactive to (take effect on) the child's date of birth. Once paternity has been established, the Child Support Division will help you proceed with having the Court set a child support payment for the non-custodial parent.
For Kentucky child support orders, the child support order ends when the child turns 18, unless he or she is still enrolled in high school, in which case child support would continue through the school year in which the child turns 19.
In Kentucky, the child support calculations are based on the income of both parties and take into consideration if the receiving part has sole or joint physical custody. A percentage of the parents' joint income is used in the child support formula.
The minimum amount of child support is $60 per month. The court can use its judicial discretion to determine child support obligations if the parents' gross income exceed the uppermost levels of the guideline table.
It is possible that even though you share custody one parent may still have to pay child support. Child support is intended to make both households as equal as possible. So even if it is joint custody, if one parent makes significantly more income than the other, they may have to pay child support.
