There are several changes from the current guidelines to note, including:
The 2013 guidelines calculate each parent’s percentage of total available income up to $250,000 per year and a “combined support amount.” This is a different method of looking at support as a total obligation of both parents.
The 2013 guidelines now clarify what is to occur when the combined income of the parties’ exceeds $250,000 per year. The guidelines are applied on the first $250,000 in the same proportion as the Recipient’s and Payor’s actual income compare to the total combined income. There is now a space on the form to list how much income remains available to either parent above the $250,000 combined total.
Written by Robin Lynch Nardone. To read the full article, click here. For more information on family law attorneys, visit our website http://www.jwbrookslaw.com