Unfortunately, the world can be a harsh task master, not all our hopes and dreams come to pass. So, when the expectations of one party or the other as to the lifestyle the parties were to live changes, often dramatically, it puts great stress on a marriage. Sometimes, the parties come together to weather a financial storm, for others, the storm breaks them apart, irreparably. Part of any relationship at core may be love and respect, one or both may be tested and lost through significant financial hardship. If the parties were having other difficulties unrelated to finances and then finances also become a problem, that can easily tip the parties in the direction of divorce. Unfortunately, the economy since 2008 has been so difficult for so long that the strongest of marriages have been tested.
Green & Associates, LLC Blog
Generally, in New Jersey, child support is calculated based on guidelines, although the parties may agree to pay outside the guidelines. Child support is based on income and overnights. For example, when looking at a two week period of time, 14 overnights in total, each party will have its share of the 14 overnights, in a case of shared physical custody, each party would have 7 overnights. Generally, the gross income is used for calculating child support. Child support is generally recalculated every three years or if there is a substantial change in circumstance, such as the termination of alimony. If you have further questions regarding child support and its calculation, please call Green & Associates at 732-390-0480 in our East Brunswick office or at 201-242-1119 in our Fort Lee office.