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High income divorces may deviate from child support standards

For couples with minor children who think the worst is in their future, the topic of child support is often an emotional one. One parent may want to punish the other by seeking as much money as possible, while the other may want to withhold funds for the same reason. Although Florida uses a simple formula for determining child support, many people will do anything in their power to manipulate the outcome of that process, including providing inaccurate information or leaving a job.

Some people imagine that only lower-income families struggle with decisions about child support, but that simply is not true. Families that have higher overall income, especially when one spouse makes significantly more than the other, often have conflict about child support amounts. Understanding how Florida determines child support, as well as how your income could affect the outcome of your divorce, is important for your financial future.

Typically, child support amounts stem from income

When Florida determines how much is reasonable for one parent to pay in child support, they look at a number of factors. One of them will be the income of both parents. Another will be any special needs the child may have, whether they are educational or medical. The courts will also look at the number of children, as well as any previous child support orders from other relationships. Finally, the courts will consider what the child actually requires for a healthy and happy childhood.

For many families with lower income, child support may feel oppressive to the parent paying and insufficient to the parent receiving it. The same is actually true of many high-income families. In some cases, the amount of ordered support could far exceed the salary of the parent receiving it.

Good fortune child support tries to make support amounts reasonable

When one parent has an extremely high level of income, he or she may need to ask the courts for special "good fortune" child support consideration. In this situation, simply allocating a percentage of this parent's income to the child and custodial parent may result in incredibly high levels of child support. Unless the child has medical needs or attends a very expensive school that requires this amount of support, it is usually possible to make a case for lowered support levels.

Making a case for realistic good fortune child support could be critical to a fair outcome in your child custody and child support proceedings. Otherwise, you could find yourself paying thousands of dollars each month, which could be well beyond what it takes to maintain a household. If your income is substantially higher than the average in Florida, you should explore the topic of good fortune child support and inform yourself about your options as you move forward.

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