Most of us feel that children are crucial assets in our lives. They represent our love, our future, and to many people our highest achievement. We wish to protect them in all ways, and their happiness, health, and training are main concerns. So how can children help us in make divorce choices that relate specifically to them?
Listen to Your Children
Nearly any instructor or psychologist will tell you that one of the essential things you are able to do with your child is to listen to them. Children can tell us what they want and need, we just need to ask and then listen to their response. Even younger children may be capable of expressing their desires. After all, the age of the child is a deciding factor as to how a lot input a child can provide in court. In California, most courts accept age 14 as the age when a child can address the court (provided the court has determined it is within the child’s greatest interest), to specific their preferences regarding custody and visitation.
Make a Parenting Plan
Making a parenting plan is a good way to make selections relating to children. Mother and father work on the plan together and will need to include their children, when and if appropriate. The plan should embrace Legal Custody, Physical Custody and Parenting Time (time-share or visitation); It should specify if legal and physical custody is joint (both mother and father share responsibilities) or sole (one mum or dad has all responsibility). Making it on your own is great if you can both agree on the issues, however if you cannot, an experienced mediator may help you resolve any disagreements about custody, child care and support, in an environment that supports love and a commitment to family.
Child Help
Federal tax rules are very clear when it comes to child help and taxes. For federal earnings tax functions, child assist is always tax-free. This implies that neither the custodial dad or mum who receives child support payments, nor the child, owes any taxes on those payments. As for the non-custodial mother or father who makes those child help payments, they are not categorized as tax-deductible. One essential consideration for custodial dad and mom is to make certain that those monthly payments are specifically designated as «child assist» within the last divorce agreement, additionally known as marital separation agreement (MSA). Child support payments needs to be utterly separated from spousal support payments and never lumped collectively as «household support». This is a crucial step to comply with for one main reason: while child help is tax-deductible, spousal help is considered revenue and taxable. The final agreement between parents needs to be very clear on identifying which payments are for child support and which ones are for spousal assist, so that custodial parents do not experience unnecessary tax burdens.
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