Child Support is decided by the physical custody arrangement and the gross monthly income of the parties involved. Child support is statutory and there are legal formulas that calculate the amount. Nevada Revised Statutes 125B, goes through the calculations of child support, presumptive maximums, and other information regarding how payment is determined, etc. Child Support is calculated by the physical custody arrangement, gross monthly income, and the number of children. The percentage of gross monthly income is as follows: 18% for one child, 25% for two children, 29% for three children, 31% for four children, and 2% for each additional child above four children), but not more than $500.00 per month, per child. The relevant child support “presumptive maximum” changes each year. Medical expenses, including the cost of insurance, is usually to be split between the parents in addition to any support that is paid. Get the information you need and let Litt Law Firm be by your side through this process that we know can be difficult.
New Child Support Laws Effective February 1, 2020.
Nevada Presumptive Maximum Amounts or “caps” per child are going away.
More updates on the specifics of this law are going to be rolled out and explained in more detail. Child Support will now be calculated using tiers and adding those amounts together.
The Definition of Gross Monthly Income also has a new definition.
To find out more information and learn more about how these changes effect you and your family. Please contact us today!
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