Are Overtime & Benefits Included When Calculating Child Support? - Lacey Richmond

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5d ago 5:34

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From Richmond Law Firm, PLLC - In this episode, we explore the complexities of determining child support payments in Texas, specifically focusing on overtime and benefits. Based on the article 'Are Overtime & Benefits Included When Calculating Child Support?', we examine how Texas courts evaluate a parent's income and net resources, including overtime pay and bonuses, when calculating child support. Whether you are the paying or receiving parent, understanding how these additional earnings influence your financial obligations is crucial in ensuring fair support for your children.

Texas Family Code provides clear guidelines on how net income is determined, incorporating salary, wages, overtime, commissions, and other compensation. This episode sheds light on how courts decide when overtime pay or bonuses should be included in child support calculations. If these forms of income are consistent and reliable, they may be factored into your support obligations, potentially impacting the amount you are required to pay or receive. We discuss the importance of keeping accurate records of all earnings and how changes in income might justify a modification of the child support order.

We also delve into the responsibilities of both custodial and non-custodial parents when it comes to supporting their children. Non-custodial parents are typically expected to pay around 20% of their net income for one child, with the percentage increasing for additional children. For higher earners, there may be wage caps in place, which Texas lawmakers adjust periodically. This episode explains the possible consequences of failing to meet child support obligations, including wage garnishment, property liens, and even criminal non-support charges.

At Richmond Law Firm, PLLC, we help parents in Houston navigate the child support process, whether you're establishing a new order or seeking a modification due to significant changes in your financial situation. Tune in to learn more about how overtime, bonuses, and benefits are considered in child support cases. For a consultation on your child support concerns, contact us at (281) 992-1600 today.
Richmond Law Firm, PLLC
211 E Parkwood Dr UNIT 201, Friendswood, TX 77546, United States
(281) 992-1600
https://www.google.com/maps?cid=5010991770395509709

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