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How is COLA dealt with in a Minnesota child support case?

Minnesotans who are paying or receiving child support must be aware of various aspects of the payments. When the decision is made as to how much will be paid, a frequently forgotten issue is how changes to the cost of living will be dealt with. There are inevitable changes to how much it costs to pay for everyday expenses and child support is adjusted based on that. Knowing how this is done is essential.

Child support covers more than you may think

When one parent is granted custody of a child, it is not uncommon for the courts to award child support to be paid by the noncustodial parent. Considering that the custodial parent has the responsibility of caring for the child, it is generally understood that the parent will have less time available to work, and hence may be at a financial disadvantage over the non-custodial parent. So what child support cover?

What the child support process looks like for your MN family

One hesitation that many Maple Grove families may have about beginning the divorce process is how the details of child support and child custody will affect their family. Child support is a financial amount awarded from one parent to the other parent who has primary physical custody. This amount is determined by a variety of factors, but it is awarded with the best interests of the child in mind. Everyday expenses of raising a child are typically shared expenses by Minnesota parents, regardless of whether or not they are living together.

A parent's finances may be frozen if they don't pay child support

It is extremely important that parents in Minnesota who owe child support fulfill their obligations, and pay what they owe on time and in full. After all, the parent receiving child support needs these funds to pay for the costs of raising the child; thus, if there is a failure to pay, it is ultimately the child who suffers.

Facts and statistics on child support in Minnesota

While the holiday season is all about the children for some, supporting and caring for a child is a year-long endeavor for parents. Well after the presents have been opened and the New Year has been rung in, children still need the financial support of both parents. In Minnesota, for parents who are divorced or are no longer in a relationship with one another, this means one parent may be paying child support.

Attorneys in Minnesota can help parents understand child support

After parents in a Minnesota divorce, they still both share the duty of providing for the child financially. If the child resides with one parent, that parent is providing for the child financially by giving the child food, clothing, shelter and paying for the many incidental expenses that come with a well-rounded childhood. In addition, the noncustodial parent also contributes to the raising of the child through child support.

Calculating child support using the 'income shares' method

The state of Minnesota, like every other state in the nation, recognizes that it is both parents' responsibility to provide for their child financially. If a child's parents are divorced or are no longer in a relationship with each other, this generally means that the noncustodial parent will pay child support to the custodial parent.

Modifying an existing child support order in Minnesota

Sometimes, months or even years after a child support order is entered into, the financial circumstances of either the paying parent or the receiving parent have changed. For example, a parent may have lost his or her job or, on the other hand, may have seen an increase in his or her income due to a promotion or a new job. The child's financial needs may have changed too as the child grows older. For example, the child may no longer need child care during the day or the child may have incurred additional educational expenses. Whatever the reason, there are times when either the custodial parent or the noncustodial parent in Minnesota may wish to modify their current order for child support.

We could help you receive adequate support for your child

In the event of a divorce, one of the most important aspects that must be considered is the well-being of the couple's children. The financial security of each spouse helps immensely in ensuring their child leads a healthy and successful life. In many cases, one spouse will need the financial assistance of the other in order to provide sufficient care for their children in the form of child support.

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