State Has Guidelines to Calculate a Fair Share in Child Support Payments
The $46,000 per month in child support supermodel Linda Evangelista is seeking from the father of her four-year-old son may raise some eyebrows.(1) After all, that’s more than some people earn in a year. And the recent court order requiring actor Mel Gibson to pay his ex $750,000 over five years to settle their bitter custody battle may stir similar reactions.(2) Although these high-cost celebrity cases may feel like revenge of a partner scorned, child custody issues are serious matters.
New Jersey considers all parents responsible for supporting their children, which means providing the basics of food, shelter and clothing. That responsibility does not end when a marriage dissolves.
Oftentimes couples get caught in a financial “catch-22” once they marry and have children. Now there are three or more mouths to feed. If both parents work, they incur the added expense of childcare. If one parent cuts his/her working hours to avoid the childcare expense, that parent’s income is then lowered and there is less money to pay expenses. Finances are generally one of the major stress factors in marriage. Divorce doesn’t solve the problem either; rather, it can make financial problems worse, because after divorce there are two households to support in addition to the continued need to provide the basics.(3)