Child support is an important aspect of family law cases, ensuring the financial well-being of children. However, calculating child support can be complex, particularly in Missouri. In this blog post, we will provide you with a step-by-step guide to understanding and calculating child support in Missouri.
1. Familiarize Yourself with Missouri's Child Support Guidelines
Missouri follows specific guidelines for determining child support. Understanding these guidelines is crucial to ensure accurate calculations. You can find the guidelines on the Missouri Department of Social Services website.
2. Determine the Gross Monthly Income
The first step in calculating child support is determining the gross monthly income of both parents. This includes income from all sources, such as wages, self-employment, bonuses, and investments. Ensure you have accurate and up-to-date income information.
3. Consider the Custodial Timeshare Percentage
The amount of time each parent spends with the child affects child support calculations. Calculate the custodial timeshare percentage by determining the number of overnights the child spends with each parent. This percentage is crucial in determining the child support obligation.
4. Factor in Additional Expenses
In addition to basic child support, certain expenses may be considered, such as healthcare, daycare, and educational expenses. Understanding which expenses are eligible and how to calculate them is essential for an accurate child support determination.
5. Seek Legal Assistance
Calculating child support can be overwhelming, especially when considering all the variables involved. Seeking legal assistance from experienced family law attorneys, like Davis | Family Law, can ensure you navigate the process smoothly and accurately.
At Davis | Family Law, we specialize in child support cases in Missouri. Our team of knowledgeable attorneys understands the intricacies of child support calculations, and we are here to provide you with expert guidance and representation.
If you need assistance with calculating child support or have any other family law-related concerns, don't hesitate to contact us.