With so many different laws surrounding family matters, one can easily become confused, especially when the situation involves children. Not only are the laws even more rigorous when the matter concerns children; it can also cause serious emotional stress and toll on both parents.
For these reasons, you need to understand just how crucial it is to enlist the services of an experienced and reliable family lawyer in Denver in case the need arises. And one such familial situation that warrants professional legal assistance is determining child support.
Legal financial responsibilities to one’s child
As a parent, you only want the best for your child. Yes, care, love, attention, and affection all play important roles in molding your child, but you also need to have adequate finances to properly take care of him/her. This is particularly the case with the continuously rising cost of education and living in general.
After a divorce or separation, which you also need a family lawyer for, both parents need to discuss their financial responsibilities to their children. The topics usually covered include the lawful amount of financial support one party has to provide, as well as the reasons behind the need legal intervention for calculating child support.
Colorado’s formula for calculating child support
How child support is calculated depends on many different factors, and each state implements different computation models.
In Colorado, the variables that take utmost importance include both the mother’s and the father’s gross incomes, how long the child spends with each parent, and the cost of items necessary to raise a child in a good, safe, and healthy environment. This formula, known as “child support guidelines,” ensures that both sides – the mother’s and the father’s – contribute to raising the proper amount to meet their child’s needs.
Every child deserves to grow in a safe environment that will help them in their future, even in the face of divorce.