Is a lump sum payment acceptable in lieu of regular child support payments?

Yes, a lump sum payment can be acceptable in lieu of regular child support payments in Wisconsin. According to the Wisconsin Statute 767.25, a court may order one lump sum payment instead of periodic payments if the court determines that the lump sum will adequately provide for the minor children’s needs. The court must consider certain factors when analyzing the suitability of a lump sum payment, including the ability of the obligor to pay and the extent to which any period payments would be in arrears. There must also be an intention of the parties to make a lump sum payment in lieu of regular payments, as determined by the court. In addition, the court can modify the terms of an existing order for child support to a lump sum payment if the court finds that a lump sum payment would be more suitable for achieving the purposes for which the order was made. To do this, the court must consider all the factors that would have been considered when initially making the order. In order for a lump sum payment to be acceptable, there must be an agreement between the parties involved, overseen and approved by the court. Furthermore, the lump sum payment must be adequately providing for the child’s needs, as determined by the court. As long as these criteria are met, a lump sum payment may serve as an acceptable alternative to regular child support payments in Wisconsin.

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Is a lump sum payment acceptable in lieu of regular child support payments?

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