Financial issues are some of the most complex to address in a divorce. It is not always easy to decide on matters such as child support, and you may struggle to figure out how to approach this issue. You want to make sure your children have what they need, but you also want to be sure that you are not left with an unfair or unmanageable financial obligation.
Understanding how child support works may be the key to figuring out how you should handle this sensitive matter. For example, you may be able to negotiate with your spouse on a reasonable out-of-court solution on these payments. If this is not possible, you will have to represent your interests in a family court. Either way, it could beneficial to understand what factors often play a role in a child support determination.
What are the needs of the child?
One of the primary considerations in any child support order is the needs of the children. When thinking about what the kids may need each month, the court will look at things like childcare costs, health care needs, tuition, extracurricular activities, clothing needs and other factors. Every situation is unique, and every child support order will be a little different.
No one knows your family like you do. This is why many parents find that they are able to work together to come up with a child support agreement out of court. If you are not able to do this, you will have the opportunity to present your concerns in court.
What are the financial capabilities of the parents?
A child support order is virtually useless if the parent does not have the financial capabilities to make payments. This is why a court will also look at the finances of both parents, including their other obligations, earning capacity and other factors. Parents who experienced changed financial circumstances may be able to seek a modification of the original support order.
Understanding your rights and options
Before you agree to a child support order or make any choices that could impact your post-divorce future, you will find it beneficial to speak to a New Hampshire attorney about your legal options. There is a lot at stake in the terms of your final divorce order, and it is prudent to proceed through this process with your focus on what will be best for all parties long-term.
