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Attention high-income earners with children!

There are new guidelines effective September 1, 2013.  In order to calculate the maximum that a parent paying child support can pay, the capped amount has risen from $7,500 to $8,550.  This is a cost of living increase that should remain in place for the next six years.

Previously, max child support for one child was 20% of $7,500 (or $1,500). Now, the new guideline is 20% of $8,550 for one child (or $1,710).

CHILD SUPPORT GUIDELINES BASED ON THE MONTHLY NET RESOURCES OF THE OBLIGOR

1 child              20% of Obligor’s Net Resources

2 children          25% of Obligor’s Net Resources

3 children          30% of Obligor’s Net Resources

4 children          35% of Obligor’s Net Resources

5 children          40% of Obligor’s Net Resources

6+ children        Not less than the amount for 5 children

On or after September 1, 2013, the maximum amount of child support in Texas for one child is $1,710 per month; $2,137.50 for two; $2,565 for three; etc.

The exception is when there are other children that are being supported by the obligor (the parent paying child support). In these cases, use the Multiple Family Adjusted Guidelines table for reduced percentages:

texas multiple family adjusted guidelines

Beginning in 2007, the cap on the maximum average net monthly resource amount began adjusting every six years according to inflation. Therefore, these current caps should remain in place until they are increased in 2019.

Natalie Gregg
The Law Office of Natalie Gregg
(972) 829 – 3923
Natalie@NatalieGregg.com

 NOTE: None of the information in this blog constitutes or is intended to be legal advice. These rates above are no guarantee of what you can expect to receive/pay. If you would like to know about your individual situation or if need legal counsel, you should consult an attorney regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. When you contact the Law Office of Natalie Gregg, this does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.