In situations where the child support guidelines are inapplicable because a family’s net income exceeds the threshold, the court shall consider, but not be limited to, the following factors set forth in N.J.S.A. 2A:34-23(a) when determining an appropriate support award:
(1) Needs of the child;
(2) Standard of living and economic circumstances of each parent;
(3) All sources of income and assets of each parent;
(4) Earning ability of each parent, including educational background, training, employment skills, work experience, custodial responsibility for children including the cost of providing childcare and the length of time and cost of each parent to obtain training or experience for appropriate employment;
(5) Need and capacity of the child for education, including higher education;
(6) Age and health of the child and each parent;
(7) Income, assets and earning ability of the child;
(8) Responsibility of the parents for the court-ordered support of others;
(9) Reasonable debts and liabilities of each child and parent; and
(10) Any other factors the court may deem relevant.
Each case in which the child support guidelines are not applicable, requires a fact-sensitive analysis of each of the above relevant factors. If you have questions about child support or any other family law related issue, please contact our firm. Ulrichsen Rosen & Freed LLC is focused exclusively on the practice of family law and serves clients throughout New Jersey including clients residing in Mercer County, Somerset County, Hunterdon County, Burlington County and Middlesex County.