We saw from the 2010 Census Bureau reports that the median monthly child support payment is $430. Again, this is only an average of the monthly child support payments in the United States and should only be used as an estimate. Your situation is unique and the amount determined by the court will depend on your circumstances and financial ability.
For a more accurate estimate of how much child support you may owe, consult with an experienced family law attorney in your state. They’re familiar with how child support is calculated where you live and can help you make sure you’re paying (or receiving) the right amount of child support for your children.
The amount of retrospective child support
The amount of child support is paid primarily based on the Florida Child Support Guidelines. This can be very difficult in retrospective child support cases, as the parents’ income can fluctuate during the period when child support should have been paid. For example, if the parents’ income varies weekly, the court may need to make individual determinations for each week during the 24 months.
As a rule, subsequent maintenance is credited to the future monthly child maintenance. All payments made by the parent for the benefit of the child during the lookback period can be taken into account. In addition, the court should consider allowing a timely payment schedule for the full amount of retrospective maintenance.
What factors influence child support?
When a couple with children divorces, each parent must complete an affidavit detailing both their income and expenses. If an individual’s annual gross income is less than $50,000 per year, they must complete Form 902(b). If your annual gross income is more than $50,000 per year, you must complete Form 902(c).
Your Divorce Plans and Beneficiary Designations on Financial Accounts and Life Insurance Policies
When people create divorce plans, they should also update the beneficiary designations of beneficiaries on their financial accounts (e.g. savings, checking, investment and retirement accounts) and healthcare policies.
Remember that federal law invalidates Employee Income Security Act (ERISA) on life insurance policies and employer-provided retirement accounts such as 401(k)s and retirement plans in the state of Florida. Law.
Additional maintenance
Although the table indicates the basic amount of maintenance owed to the children of both parents, some expenses are added to the basic maintenance obligation. These include:
- Monthly childcare costs
- Monthly health insurance costs (for children only)
- Monthly medical, dental and drug costs that are not covered by insurance