Child support is money paid by one party of the divorce to the other in order to financially support children of either party in the divorce. It is recommended that you retain a lawyer from one of numerous state wide firms that specialize in child custody and child support.
In Virginia, support is considered and awarded based on the ability of each party to provide support, any special needs of the child in question, any independent financial resources of the child, the standard of living of the child during the marriage and of course the overall best interests of the child. See also child custody laws in Virginia and Virginia divorce laws.
Income share model
The exact amount owed per child is generally calculated using the Income Share Model, but can be adjusted based the court’s ruling. The exact law is outlined in state statue Title 20-108. Once child support is set the monthly payments are enforced by the court with the help of the Department of Social Services, specifically by the Division of Child Support Enforcement. If child support goes unpaid, the Department of Social Services will work with the authority from the court to collect on the unpaid support due to the children.
Tuesday, July 12, 2011
Virginia Child Support | Divorce in Virginia
Financial Planning for Young People
- Save 15% of your salary when you start work (in addition to CPF)
- Keep your savings in a bank account (does not matter if you earn a low interest rate)
- When you have sufficient money, invest in an ETF to get a good return over the long term
- Avoid paying interest on loans and debts (except for housing loan)
- When you buy a HDB flat, keep it within 5 years of income.
Child Support Interactive | Child Joint Custody
Once child support payment amounts are set by a court of law, both parents may use this service to: make payments, check the status of their case, change their address, request a payment history or request an income verification. The CSI service is part of the overall Child Support Program of the Office of the Attorney General.
Child Support Program
The general Child Support Program can help parents with child support issues in many ways. It has services to help with: locating an absent parent, establishing paternity, establishing and enforcing child support orders, establishing and enforcing medical support orders, reviewing and adjusting support payments, and collecting and distributing payments.(Learn more about child support calculators and child support laws)
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