Friday, September 20, 2013

High Income Earners & Child Support

From NHBR:

Recently enacted changes to the state’s child support formula and guidelines should have a dramatic effect on the amount paid by high-income earners.

The amendment – enacted in the previous legislative session -- took effect July 1. It was the result of a 2009 economic analysis/study prepared by the University of New Hampshire.

Under the previous formula and guidelines, an obligor paid child support based on a percentage of his or her net income. The percentage was based on the number of children of the parties – 25 percent of net income for one child, 33 percent for two children, 40 percent for three, and 45 percent for four or more.

The previous guidelines failed to incorporate in a substantive way the obligee’s income in determining the amount to be paid by the obligor.

Read more here.

MR

http://lawprofessors.typepad.com/family_law/2013/09/high-income-earners-child-support.html

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Comments

In Oklahoma Family Court, our child support comps top out at $15,000 per month gross monthly income.

Posted by: Tulsa Divorce Lawyer Matt Ingham | Sep 20, 2013 8:39:06 AM

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