When parents divorce, the non-custodial parent is often required to pay child support. This is designed to support the child with daily expenses, healthcare and education.
Child support is typically set after examining the financial circumstances of each parent. Once the amount has been decided, the paying parent must stick to the agreement. However, financial circumstances can change. The court may consider adjusting child support in the following circumstances.
When the child’s needs change
The needs of a child can change in a number of ways. For example, they may develop a health condition that requires expensive medical treatment. The court may increase the amount of child support in such cases.
At the same time, a child may gain financial independence as they age. They may start a part-time job or receive an inheritance. Child support can be reduced as well as increased.
When parents’ income changes
The job market can be unstable at times, and a paying parent may become unemployed. In such circumstances, it may be unfeasible for them to keep paying the same level of child support. If the parent can demonstrate that they have lost their job through no fault of their own, payments could be reduced.
At the same time, if the paying parent receives a promotion that substantially increases their income, they might be expected to provide a greater financial contribution to the child.
Any significant change in financial circumstances could warrant a change in child support. However, there is a formal legal process to follow should you require a modification. You should consider seeking legal guidance to explore your rights as a parent.
