Saturday, September 11, 2010
As of 10/1/10, the child support law is changing. It is changing by how the amount of child support you pay or receive is calculated. If you have your child twenty (20) percent to forty (40) percent of the overnights per year, you will pay less child support, and on the other side of the coin, if your child spends twenty (20) to forty (40) percent of overnights with your former spouse, you will receive less child support (than compared to the law prior to 10/1/10). Your child support does not automatically change if previously ordered prior to 10/1/10, but rather this is the result of cases after 10/1/10. I have noticed in my calculations that the average amount of child support you will receive (if your child is with you the majority of the time) is much LESS. So, it is very important to concentrate on the alimony and asset distribution portion of your case for your financial security. There is also a new type of alimony as of 7/1/10, called "durational" alimony, which we will discuss in the future.