When you’re going through a custody battle or trying to reach a co-parenting agreement, everything feels uncertain and, in many cases, out of your control. While every case is unique, it can help that uncontrolled feeling to have an idea of what to expect.
Let’s consider the financial aspect of child custody, for example. How much is child support? Here’s a peek into how it’s calculated and what you can expect.
How Much is Child Support in Florida? Florida’s Child Support Calculations
Unsurprisingly, there’s no singular standard amount for child support. Every state calculates it differently based on a variety of factors. In Florida in particular, the state uses the Income Shares Model to calculate child support.
The state assumes that in a home with both parents, those parents would pool their income together to care for the kids. That would mean that if one parent earns 75% of the household income, that parent would be paying for 75% of the costs to raise the kids.
When the parents aren’t together, the state’s goal is to keep that ratio the same. In the same example above, if both parents’ incomes add up to $100,000 and one parent makes $75,000 while the other makes $25,000, the financial burden will be divided so the higher-earning parent pays for 75% of the expenses.
Factors That Affect Child Support in Florida
Clearly, each parent’s income is a key factor in calculating child support in Florida. It’s not the only factor, though. While a child support attorney will help you navigate the details, let’s look at some of the other top factors.
Raising a child doesn’t just take money, it takes time and attention. When determining child support, the judge will base it on the amount of time the child spends with each parent.
Let’s consider the example above and assume that the judge is calculating $1,000 per month in expenses for the child. If you and your ex each have 50/50 custody, you’re still liable for 75% of the costs because you make 75% of the income. If you only have custody 10% of the time, though, you’ll be liable for a higher percentage.
Your Child’s Expenses
Expenses aren’t the same for every child. For instance, kids attending public school don’t require as much financial support as kids who are in private school or daycare. Some kids have higher medical needs as well.
The judge will take all this into account when deciding how much it will require to provide for the child. While this affects the total amount of your child support, it won’t affect the percentage of each parent’s liability.
Predicting Your Child Support Payments
When it comes down to it, how much is child support in Florida? Every case is unique. There’s no way to truly know what your case holds unless you speak with a knowledgeable child support attorney.
In the meantime, to learn more about family law and other important topics, check out more articles on our blog.