Understanding Child Support Obligations
For many families, child support obligations can often be determined by applying the New Jersey Child Support Guidelines. High-income families, however, may face particular challenges in setting child support as the New Jersey Child Support Guidelines become inapplicable. Additional issues may arise where parties are self-employed or earn income outside of a W-2.
The attorneys at Ulrichsen Rosen & Freed LLC can explain and calculate child support obligations to both high- and median-income earners and ensure that obligations are set fairly and accurately. We can help you understand the application of New Jersey Child Support Guidelines and the issues presented by your case.
Setting Accurate Obligations for High-Income Earners
New Jersey’s Child Support Guidelines calculate child support obligations by taking into account factors such as the income of both parties, the number of children in a family, and the ages of children. If the parent’s combined net income falls within the guidelines, the attorneys at Ulrichsen Rosen & Freed can provide an estimate of the amount of child support a client may anticipate paying or receiving based on the guidelines. However, the guidelines may not apply to high-income families.
The New Jersey Child Support Guidelines apply only to a certain income threshold. For parties with a combined income above that threshold, child support becomes discretionary, giving courts the ability to consider factors such as the children’s needs and the parties’ ability to pay.
If clients have a combined net income above the guidelines’ threshold the lawyers at Ulrichsen Rosen & Freed LLC will work to develop a strategy for setting child support obligations that are fair and in the best interest of the children.
We provide representation for all child support related issues to clients living throughout New Jersey including Mercer County, Somerset County, Hunterdon County, Middlesex County and Burlington County.To schedule an initial consultation with a lawyer from our firm, call 609-730-3850 or contact us online.