Child Support Back
Child Support is the money paid by one parent to the other, usually the one who spends the least amount of time with their child. In most cases, this is the parent that the child does not live with. Child support is to cover the expenses of caring for the child and is based on the gross annual income of the parent paying support and the number of children they have to support.
Full Financial Disclosure
To determine the amount of child support, full financial disclosure is required from both parents. This information helps determine the amount and duration of child support when a couple decides to separate or divorce.
This can include:
- Pay stubs or statements from employers
- Income tax returns and notices of assessment
- Financial statements in case either or both parents are self-employed, full time or part time
- Proof of income from a trust
- Statements from employment insurance, social assistance, pension, or worker’s compensation if applicable
Extraordinary Expenses
The child support table does not include the following expenses that need to be shared between both parents in proportion to their respective incomes. These expenses are also sometimes call the Section 7 expenses. These are above and beyond the monthly amounts of child support. These expenses may include:
- child care fees, such as daycare, to allow the parent who looks after the child to go to work or school
- the part of medical and dental insurance premiums the other parent pays to cover their child
- the child’s health expenses, such as orthodontics, prescriptions, eyeglasses, counselling, or hearing aids
- reasonable and extraordinary expenses for school or educational programs to meet the child’s particular needs, such as tutors or private school fees
- expenses for post-secondary education
- reasonable and extraordinary expenses for the child's extracurricular activities, such as competitive sports classes
There are many considerations when determining the amount of child support. Come in and speak to Mehta and Bansal Lawyers. Take advantage of our experience and expertise so that your child’s best interest is protected when it comes to financial support. Give us a call today and let us help you determine what your child is entitled to.