It’s no secret that divorce can have an immeasurable effect on your life, even more so when children are involved. Oftentimes, when parents are navigating the divorce process, they find themselves confused as to how exactly child support works and is calculated in the state of Connecticut.
In this video blog, Partner Christopher DeMattie will walk us through what income is included in child support calculations, whether or not bonuses are taken into consideration and more.
What income is included in calculating child support in Connecticut?
In Connecticut, child support calculations typically rely on several factors, including the income of both parents, the number of children, and various deductions. While bonuses can be considered part of income for child support purposes, it may depend on the specific circumstances and how the bonus is structured.
Are bonuses included in calculating child support in Connecticut?
Bonuses are included in calculating child support. However, how it is included depends on the nature of the bonus. If a bonus is consistent, it is often included in the initial child support calculation in the same manner as one’s base salary. If the bonus is variable and indeterminate, it is included differently.
How are indeterminate bonuses factored into child support in Connecticut?
Indeterminate bonuses could be subject to a supplemental child support order. This means that there could be two child support orders. The first would be established on one’s base income and paid as a fixed amount monthly or weekly. The second would be paid as a percentage of one’s net bonus if, as, and when it is received.
How is the percentage determined for an indeterminate bonus?
Pursuant to the Connecticut Child Support Guidelines, the percentage could be any number between 0% and the presumptive percentages prescribed by the Guidelines. For example, for two children, the percentage would be between 0 and 17.71% of one’s after-tax bonus.
How is the percentage determined for an indeterminate bonus within the presumptive range?
It often depends on the needs of the children. Currently, there is a general theory in Connecticut that as the parties’ combined income increases, the percentage applicable to child support should decrease. An unofficial rule states that no matter how wealthy a child’s parent is, no child has a right to own three ponies.
If you’re considering divorce, it’s highly advised that you seek experienced counsel. Contact us today to learn more about how we can assist you.
