How much will you be required to pay or receive in child support after a divorce in Louisville or anywhere in Jefferson County? What should you know about calculating Kentucky child support and why is this an important starting position in a divorce?
In order to complete the information entry in the Kentucky child child support calculator you will need to round up the past 3 years tax returns, as well as paycheck stubs for you and your spouse. Calculating Kentucky child support will require details regarding:
- Income
- Health insurance
- Health care expenses
- Disability and unemployment
- Retirement contributions
- Business or job related expenses
- Child support or maintenance orders from any previous marriage
You will be required to enter information regarding both spouses as well as the children you have in common. Once all of the information is placed into the State Calculator it determines the amount one spouse should pay the other in terms of child support, as well as detailed information and a breakout of support associated with each child.
The State of Kentucky has a highly quantifiable system which determines the amount of child support based upon many factors. The judge or magistrate in your case will require this information to be provided prior to any discussion about your desire to deviate from guideline child support. This is true even when the parties are in complete agreement or have reached a written accord in negotiations or mediation.
There are many reasons why the former spouses may wish to deviate from standard child support. There may be an offset in marital property, a lump-sum payment or an increase in maintenance. Changes in the recent tax reform made a substantial impact on the deductibility of child support and all related negotiations in the future.
The divorce and family law attorneys at Dodd & Dodd can answer any questions you have about calculating Kentucky child support. We have successfully argued for deviations from Kentucky child support and work with our clients to accomplish their specific goals and objectives for child support and every facet of their divorce.
We invite you to review the strong recommendations of our former clients and contact us or call 502-584-1108 to schedule an appointment with one of our experienced divorce and family law attorneys.
