General Principles Of Child Support
Child support calculations primarily consider parents’ incomes, number of children, custody arrangements, children’s financial needs, and each parent’s financial ability. The goal is to maintain the child’s standard of living post-separation.
Child Support Calculation In Colorado
Colorado uses the Income Shares Model to determine child support. For a parent earning $2,000 per week ($8,666 monthly), estimated payments could be:
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- One child: Approximately $1,115 per month
- Two children: Approximately $1,642 per month
Child Support Calculation In California
California also uses the Income Shares Model but considers the state’s high cost of living. For a parent earning $2,000 per week, estimated payments could be:
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- One child: Approximately $1,200 per month
- Two children: Approximately $1,800 per month
Child Support Calculation In Texas
Texas uses a percentage-of-income model for determining child support:
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- One child: 20% of net income (approximately $1,600 per month)
- Two children: 25% of net income (approximately $2,000 per month)
- Three children: 30% of net income (approximately $2,400 per month)