Child support can be a difficult subject for many people to discuss with their attorneys, as most people do not know what the requirements are in the first place. A parent cannot be expected to pay child support if they are not actually the one who initiated the agreement, so it's usually best to get help from a qualified attorney before making such an agreement. However, there are some things that an experienced child support lawyer can be of great assistance in discussing.
First, child support is not taxable income for the individual paying it. Therefore, it's important to consider this fact when negotiating the terms of payment with your spouse during a divorce proceeding. In most cases, this is something that will not require any assistance from you. However, it may be necessary for you to discuss the matter in a court of law, especially if the courts have implemented a new rule which says that child support payments are now taxable income.
Second, child support payments are non-refundable. It is important to be aware of this, as it means that once your payments are made, there is nothing that can be done to change the amount or frequency of those payments. In some cases, the courts may also order the parties to pay more money each month, but this can only be done by a judge.
Third, child support payments are not considered assets. This means that the amount of money that is paid by the parent to the child is not considered assets for tax purposes. It is not even considered to be income, so the child's parent has absolutely no rights or privileges over the child's property. It is also considered to be a form of child abuse, since it is the parent who has initiated this agreement, and not the other way around.
As a final point, child support can be considered as a form of tax avoidance. In many states, if the parents in a divorce agreement decide to have a support agreement, and then end up not being able to pay their obligation, the state may assess taxes against the parents and order the assessment to be paid to either the parents or the state. In many states, the state is allowed to collect the taxes even if the parents never filed a tax return. Even more states allow this situation to occur if parents have a joint tax returns. If the parents have separate returns and only one parent pays the taxes, the state can collect.
Child support law is complicated, and it's important for you to speak to a professional child support lawyer if you want to make sure that the agreement that you enter into is legally sound and enforceable. Child support can be very time consuming to litigate, and may cause you a good deal of stress if you don't fully understand the details. By getting a good child support lawyer, you can get legal representation that understands the situation and can make sure you and your child get what you deserve during your divorce proceeding.