Being a good parent is no piece of cake. When a child comes into this world, it is fully dependent on the two people that gave him or her life. It is the responsibility of every parent to take care of their child’s needs. This holds regardless of who has custody of the child. Under the child support agreement, the non-custodial parent is legally obligated to offer financial support to the parent with primary custody. This financial contribution by the non-custodial parent is spent specifically on the upbringing of the child.
Once the child support agreement has been made and finalized, it may be modified and revised according to the financial situation of the non-custodial parent. A child support agreement is made keeping the financial status and income of both parents in mind. Over the years if the financial situation of the non-custodial parent has drastically changed, then they may ask for the agreement to be revised or modified.
It is important for parents to know how any child support amount is decided. Each state has its own set of guidelines. According to these guidelines, the amount of the child support mainly depends on the income. Note that income is not just the basic salary of the parents. Different kinds of funds may be categorized as income. A lawyer may help you understand what is considered when a child support agreement is made.
If you are a parent who is currently a part of an existing child support agreement but wish to have it modified, you should hire an experienced attorney to guide you through the process. An attorney may be able to help you understand your rights regarding child support laws.