After parents in a Minnesota divorce, they still both share the duty of providing for the child financially. If the child resides with one parent, that parent is providing for the child financially by giving the child food, clothing, shelter and paying for the many incidental expenses that come with a well-rounded childhood. In addition, the noncustodial parent also contributes to the raising of the child through child support.
In the state of Minnesota, there are three separate components of child support owed. These include basic child support, medical support and costs relating to child care.
Basic child support in Minnesota is calculated via state guidelines. These guidelines take into account each parent’s gross income.
The noncustodial parent may be able to obtain a credit on their basic child support amount owed, taking in account any expenses he or she shares with the other parent, if over 10 percent of the child’s time is spent with the noncustodial parent. Medical support includes things, such as premiums for both medical and dental insurance, as well as deductibles and co-pays. Parents will also share child care support obligations.
For those parents who are interested, the Minnesota Department of Human Services has a calculator that can be used in determining how much child support will be owed. Some information that will need to be provided includes all sources of gross monthly income for each parent, how many children are involved, whether there are other child support orders in effect, any alimony orders, whether the child is receiving certain types of government benefits and how much medical and dental coverage costs each month, as well as how much child care costs each month. Finally, the percentage of parenting time each parent has with the child will be considered.
In the end, if one is a parent seeking child support or if one is a parent who has concerns about how child support is calculated in Minnesota, it can help to speak with a professional. The legal team at Terzich & Ort, LLP, understand that a person’s finances are very important. They know that it is imperative that any child support order made is fair. The following overview of child support in Minnesota may help parents learn more about this topic.