Child support is important to the
well-being of a child. As a result, child support payments are taken very
seriously in New Jersey. But, these expenses can be difficult to keep up with.
You may be wondering if/when you can terminate your child support agreement.
Read on to learn more about terminating child support in New Jersey.
In New Jersey, both parents have a legal
obligation to support their child financially. In order to determine who pays
child support and how much will be paid, a court will examine the following
factors:
●
The financial status of each
parent
●
Who has physical custody of the
child
●
Any income, debt, and assets of
each parent
●
Each parent’s earning capacity
●
Each parent’s work history
●
The child’s needs
●
The child’s age/health
●
The child’s education
●
The cost of providing for the
child
As stated previously, child support is
taken very seriously in New Jersey. As a result, it can be difficult to
terminate payments. But, there are a number of reasons to stop paying child
support. It is important to note that you cannot stop paying child support
until it is officially stated by a New Jersey court. Some of the reasons to
terminate child support include:
●
The cost of living of the
supporting parent has increased and they can no longer afford to pay child
support
●
The dependent parent recently
remarried or has entered into a cohabiting relationship with another person and
no longer needs child support
●
The supporting parent suffered a
serious injury or illness that requires medical assistance and they are left
with few funds to take care of their child
●
The federal income tax laws have
changed and the dependent parent cannot keep up
●
The income of the supporting
parent has decreased or they have become unemployed
●
The dependent parent’s income has
increased or they went from being unemployed to attaining a job and income
Often, child support payments continue
until the child reaches the age of emancipation. In New Jersey, this age is
generally 19-years-old. That being said, there are a number of reasons why
child support payments may continue past this age. For example, if a child
intends to pursue higher education, child support payments may be extended.
If you have any questions or concerns
regarding child support payments in New Jersey, contact our firm today.
If you require experienced legal
representation for a matter of Family Law, Supplemental Security Income,
Medical Malpractice, Social Security Disability, or Legal Malpractice, Siragusa
Law Firm is here to help. Contact our firm today to schedule a
consultation so we can discuss your case.
Lynette Siragusa, Esq.
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