New York City Child SupportDivorce, regardless of the circumstances surrounding the divorce, is a tragic and traumatic event. However, the casualties of a divorce are, in many instances, the children. In a bid to allow children to retain their standard of living, New York City has developed a Child Support Act. This Act is intended to focus on the needs of the minor children. Under the professional services of D. Martin ESQ., couples will be presented with practical and factual advice with regards to the New York City Child Support Act, which is a complex working of formulas that determines the monetary value of child support that the non-custodial parent will be expected to pay. The non-custodial parent is the parent who does not have custody of the child, but has visitation privileges and is still responsible for meeting the financial needs of the minor child or children. This New York City Child Support Act has set out prescribed formula that must be adhered to when working out child support payments. The monthly living expenses are taken into account to rise and support the child or children, and other factors may include health insurance, schooling expenses, and day care; these factors are added onto the prescribed formula as set out in the New York City Child Support Act. In some cases, parents are unable to meet the stipulated amount that has been calculated in accordance with the formula that is presented in the New York City Child Support Act. In cases such as these, parents have the option to “opt out” of the Child Support Act; however, in accordance with satisfying New York City law, both parties and their legal team must agree on the lesser amount. The decision to opt out is not taken lightly, and both parents will be expected to sign a written agreement that clearly states that they have been advised of the provisions, which have been predetermined by the New York City Child Support Standard Act. This agreement will become legally binding for both parties, and as such, it is vital that is prepared and executed by legal practitioners who are fully familiar with all issues relating to the New York City Child Support Act. Discrepancies within this document may have future, ill-effects on the financial stability of the minor children. Offering minor children unconditional protection is the very basis of the New York City Child Support Act, and in this accord, it will become mandatory for the non-custodial parent to pay a prescribed percentage of their income after the divorce is finalized. The percentage will be based on income and will increase according to the number of dependant minor children. For individuals who are going through the motions of divorce, it is imperative to make certain that the wellbeing of the minor children is the foremost concern, and as such, it is imperative to work within the confines of the New York City Child Support Act. Should you require legal assistance in regards to child support, feel free to view our website at http://www.dmartinesq.com to learn more about information relating to the Child Support Act.
email: mzlaw@aol.com Kew Gardens Divorce Lawyer David L. Martin |
