When should you modify your child support agreement?
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When should you modify your child support agreement?

On Behalf of | Aug 30, 2022 | Family law |

In Texas, child support is intended to help the custodial parent with the costs of raising a child. However, there are times when the amount of child support may need to get modified.

When the financial circumstances of either parent changes

There are many reasons why a parent’s financial circumstances may change. They may have lost their job, gotten a promotion or had a change in their living situation. If there is a significant change in a parent’s income, it may be necessary to modify the amount of child support they are paying or receiving.

When the needs of the child change

As a child gets older, their needs will change. They may need more money for extracurricular activities or medical expenses. If the custodial parent is having trouble meeting the needs of the child, they may be a need for modifications to child support.

When there is a change in custody

If there is a change in custody, it may be necessary to modify child support. If the custodial parent is now paying for childcare or medical expenses that they weren’t previously, they may need to receive more child support. Additionally, if the non-custodial parent now has more time with the child, they may need to pay less child support.

When one parent moves

Usually, child support is calculated based on the income of the parents and the amount of time the child spends with each parent. If one parent moves, it may be necessary to modify child support because the amount of time the child spends with each parent may change and the cost of living in different areas can vary.

If you are a parent who is struggling to meet the needs of your child, you may want to consider modifying child support. As you’ve seen, there are many reasons why child support may need to be changed, and it is important to make sure that your child is receiving adequate financial support.