The child support guidelines of North Carolina are based on a model which primarily uses parental income shares. The development of this model was made under NC’s Child Support Guidelines Project. The main concept behind this design implies that child support is merely a share of obligations of parents. All North Carolina’s laws concerning child support are intended to ensure good financial condition and stability for the child of two divorced or separated parents. The child or children should receive equal shares of the income of both parents. The amount of support that a child receives should be comparable to that he/she would have received in the event that his/her parents were together.
A NC child support calculator is a tool which can be used for free by a parent in establishing a financial plan for his/her child. This calculator makes use of variables that are relevant to a particular child support case. Its primary use is to measure a nearly accurate amount of child support payment. Before this free resource is utilized, one should still first find it anywhere in the internet. The variables and laws on child support used for estimating amounts of child support payments vary from one state to another.
Where can a NC child support calculator be located? Most websites that promote family planning and health offer this kind of tool. It can also be available from the web pages of some health and social services organizations and companies. Once you have found this calculator, you will be asked to put it personal information about you and your ex- partner. To calculate the expected payment amounts, the calculator will take into account a number of variables such as your income, your ex- partner’s income and the age of your child. The tool will require you to provide information regarding all your income sources and amounts including traditional wedges, pensions and other sources of monthly income or revenues.
Apart from the income details, the online calculator will also ask you to provide an estimate of your child support value. For a more accurate estimate, you should include costs of entertainment, food, health insurance, day care and other child expenses. When all the aforementioned details are provided, the NC child support calculator is going to require from you other specific outstanding information regarding your case of child support. Some of these variances include the assets of your parents, the income of your new spouse, costs of insurance, investment- generated profits and another supported household, if any.
After entering the above- mentioned information and details into the calculator, click on the ‘submit’ button then the tool will show the estimated results. The generated figured may vary from one used calculator to another. However, most of these tools are going to divide the estimated payments by monthly or period fashion. This kind of monetary distribution will aid you in planning your budget both for you and the child.
You should always bear in mind that the figures provided by this calculator are only estimates generated around all the details you have put in. It is very important to seek accurate information from any qualified lawyer in North Carolina. It should be noted that issues surrounding child support not only in this state but others as well can have huge financial impacts on the all the involved parties. This matter is not only about parental obligations but more importantly, financial needs of the child or children. The North Carolina family court is the only body that can give the official, legal and final say regarding the suitable amount of payment that you should make for your beloved child and not a calculator.
NOTE: The information contained within and on this website is meant for informative purposes only. It is not meant to replace the information and advice of legal counsel. This website is not operated by lawyers and does not offer legal advice.