What if the supporting parent is very wealthy or earns a very large income?
Child support is not limited to the “shown needs” of the child. The family’s lifestyle is also a factor to be considered, and where the factors warrant, the trial court may award support in excess of the bare needs of the child and the guidelines. The condition of the custodial parent will also be considered, but the source of his or her income, such as public aid, will not ordinarily impact on the amount the contributing parent is expected to pay.
Related Questions
- On the Non Tax Filers Statement, it states student/parent should include supporting documentation for all of their income sources. What kinds of documents should be included?
- If the supporting parent is very wealthy or earns a very large income, can the court award a larger amount?
- What if the supporting parent is very wealthy or earns a very large income?
