How is child support calculated in a joint custody situation?

In Alaska, child support is calculated based upon the financial resources of each parent and is usually determined by the court. In a joint custody situation, both parents continue to provide financial support for the child, and the court will take this into consideration when determining the amount of child support due. The court will examine the income of each parent and any assets owned by each parent, as well as any public support the parents receive, such as welfare or unemployment benefits, to get an idea of the parents’ financial resources. The court will then use a formula established by the state of Alaska to determine the total amount the parents should each pay towards the child’s financial needs. The court will also look at various other factors, such as the number of children the parents have together and any special needs the child may have, when determining the amount of child support due. The court will assess the assets and income of both parents to determine a reasonable and fair amount each parent will be responsible for in terms of child support. The court may also factor in the amount of time each parent spends with the child and the cost of expenses related to the custody situation when calculating the amount of child support due. Ultimately, the court will strive to make sure the child’s needs are met financially, and that the child receives the financial support it needs from both parents.

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How is child support calculated in a joint custody situation?

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