Divorce Agreement Child Support

The judge must agree to the terms before he can approve the amount. The judge must ensure that the amount is fair to the child, so that they are well cared for now and in the future. First of all, it is important that each assistance agreement has a clearly defined provision that allows the agreement to be amended and how any changes are to be made. Support agreements can be in place for a long time and it is advisable to anticipate the need for changes if circumstances change. A parent may have a significant increase or decrease in income, which would likely be a reason for the change. In other cases, a parent`s income remains the same, but his or her financial obligations increase and he or she may no longer be able to pay the agreed amount. In addition, the length of time each parent has physical custody of a child may change, which would also constitute a change that may require modification. It is also advisable to have a provision stating that the agreement is subject to regular review to ensure that it remains fair to both parents and that it continues to care for the child appropriately. For more information about divorce, including divorce proceedings and the cost of divorce, see 10 Frequently Asked Questions About Divorce – Frequently Asked Questions About Divorce.

The same would be true if Ralph had a significant increase in income. For example, if Ralph`s income doubled in April 2002, but Alice did not apply for an increase in aid until April 2003, she will not be eligible for increased assistance until April 2003. In both cases, it is of the utmost importance to submit and file immediately an application for a change in the aid if the circumstances justify a change in the amount of child support. Trust in a private agreement has no place in this context, unless the agreement is part of a formal court decision. Ralph earns $2,000 a month and has $1,000 in monthly child support. On April 1, 2002, Ralph`s employer demoted him to a part-time job that earned only $US 900 a month. He explains the situation of his ex-wife, Alice, who agrees in writing to reduce his commitment to $400 a month. A year later, Ralph received a notification that his driver`s license was suspended for non-payment of support arrears in the amount of $US 7,200. The next day, 2 April 2003, he filed an application for modification of the aid and invited the Tribunal to reduce his maintenance and to fall behind due to the downgrading of the April 2002 rating. . .