When it comes to child support it’s the responsibility of both parents to come together to work things out. It doesn’t matter if the parents are now divorced, or that they only dated and were never married in the first place. The Child Support Vincennes Indiana has can require parents to come together to negotiate an agreement. If you and the other parent decide to mediate the situation to come up with your own child support agreement, you’ll need to consider a few things in the process.
When it comes to determining how much child support a parent should give, honesty is usually the best way to go. The finances of both parents will be the subject mainly discussed during the child support Vincennes Indiana negotiations. It’s very common for one or both parents to try and intentionally provide false financial information. It’s best that both parents be truthful about their monthly expenses and income. Parents should remember that they’re doing all of this for the sake of the children.
In order for either parent to be certain that the other is telling the truth, they’re both going to have to provide proof. Proof will come in the form of various types of important financial documents. Both parents should provide pay stubs from jobs and past tax return information. Both parents should also provide documents pertaining to expenses (i.e. shopping receipts, bank statements, etc.). The parents should use this information to develop an idea of how much one parent needs, and how much the other can afford to provide.
Expenses and needs can be difficult to talk about. There are certain expenses that are absolute necessities, and this is what the child support should be made up of. However, there might be other expenses that aren’t necessarily necessities, but should still be addressed in the negotiations. For instance, the child may be accustomed to going to summer camp. If this is something that’s done yearly, it should be something that’s calculated in the child support. It’s the responsibility of the parents to make sure the child’s life stays as normal as possible.
It’s important that everyone be truthful during this time, and that both parties provide the necessary documentation. Parents should also be fair when it comes to calculating expenses. Take these ideas into consideration when negotiating Child Support Vincennes Indiana has. Visit Feavel-Law.com for more information.