The finalization of a divorce is the start of many other processes like child custody, child support, and visitation schedules. While the marriage is over and there is no reason to see a judge concerning relationship status, many people don’t realize that custody, support, and visitation agreements can change after the finalization of a divorce. In this blog post, Owenby Law will share factors that could potentially impact your post-divorce child support payments.
What Can Impact Post-Divorce Child Support?
Several factors can impact child support payments such as:
- job status (gaining or losing employment);
- health insurance payment changes;
- drastic change in child’s needs (emergency accident, no longer needs daycare);
- significant decrease in income (parental hospitalization, loss of government benefits);
- significant increase in income (successful business venture, pay raise).
As you can see, there are a variety of factors that can impact child support payments; however, most of these factors have one thing in common: a change in someone’s financial scenario.
The Payer & Recipient Relationship
A change in financial circumstances for either the payer or the recipient can impact child support payments. In fact, recipients and the payers of child support have an inverse (opposite) relationship.
For example, if the recipient gains a source of income, the payer’s payments may decrease. However, if the payer gains a source of income, the payer’s payments may increase.
Minimum Threshold for Modifications
For Florida courts to recognize a change in child support, there must be at least a 15% difference (or $50 monthly change) between the previous and new order. Therefore, if a child support modification would result in a $25 monthly difference, the court would not approve of the modification.
Talk to an Attorney About Your Circumstances
The best way to determine if a change in financial circumstances will impact your child support payment is to talk to a knowledgeable Florida child support attorney. An attorney can look at the details of your case and help you decide on what to do!
Need guidance for your modification? Call (904) 770-3141 now to talk to a child support attorney today!