Frequently parents are confused by the child support calculation when considering their other bills and obligations. What many don’t realize is that in nearly all scenarios the amount of child support ordered is determined by a calculator and factors such as “I have student loans” or “I have rent to pay” don’t necessarily matter.
On this week’s #FamilyFriday article, the attorneys’ at ERA Law Group, LLC want to explain exactly how child support is calculated. Frequently parents are confused by the child support calculation when considering their other bills and obligations. What many don’t realize is that in nearly all scenarios the amount of child support ordered is determined by a calculator and factors such as “I have student loans” or “I have rent to pay” don’t necessarily matter.
Maryland uses a Child Support Guideline formula to calculate child support. Both parents are required to complete a Financial Statement which outlines the various components of that formula. First, the parents identify their actual monthly income. This would include salary, Social Security benefits, alimony, etc. Second, the parents then identify earlier child support or alimony obligations – per Court Order – which will reduce their actual monthly income. This is called their adjusted monthly income. Third, if there are any work related child care expenses, health insurance expenses, or extraordinary medical expenses such as braces, those will also be identified by both parents.
Once both parties’ have identified the above, the formula then predicts what percentage of the parents combined income would have been attributed to the child(ren) had they continued living together. This number is then used to determine the “basic child support obligation.” The additional factors such as work-related child care and health insurance are incorporated to determine the “total child support obligation” that the non-custodial parent would be responsible for paying to the custodial parent. Some exceptions exist, such as, if a parent receives Social Security Income, food stamps, or transitional services which would not be considered actual monthly income.
If you or a loved one need help obtaining child support for your children, call ERA Law Group today at (410) 919-1790 or visit our website at www.eralawgroup.com!
If you or a loved one have been injured in an auto accident it is imperative that you know your rights and what steps to take to ensure maximum compensation for your injuries.
You’ve been involved in a car accident. Best case scenario, you’re not injured. Worst case scenario, you are. If you or a loved one have been injured in an auto accident it is imperative that you know your rights and what steps to take to ensure maximum compensation for your injuries. On this week’s #TuesdayTips article, the attorneys at ERA Law Group, LLC want to help those looking to recoup after suffering an injury from a car accident.
- First, get medical treatment. Don’t wait. Go to the ER, your primary care, a specialist, physical therapy, etc. There are many medical providers that will offer their services even if you don’t have insurance.
- Second, get a copy of your police report and, if there was one completed, the accident investigation report. Find out as much information about the other driver as possible including their name, insurance information, vehicle type, and the circumstances leading up to the accident.
- Third, if you’ve missed work or are now out of work because of your injuries, get documentation. Have your employer (or former employer) print out the days you’ve missed, your hourly rate, any changes or accommodations made to your employment as a result of your injuries or disability, and any other details about your employment.
- Fourth, get a disability rating. Perhaps you’ve injured your hand and are no longer able to use it, you’ll never be able to walk again, or can’t raise your arm above your head. These considerations are important in filing your claim.
- Lastly, take care of you! Hiring an attorney will help take the administrative and legal pressure from you and give you the opportunity to make sure you and your family get back on your feet.
Call the attorneys at ERA Law Group, LLC today at (443) 906-3566. Let us help you while you and your family recover!