By David R. Dawson | Published July 15, 2021 | Posted in Divorce | Tagged Tags: child support, income shares model, net income |
Child support after divorce was once calculated simply as a percentage of the paying parent’s income. However, this method failed to take into account the resources of the other parent that could be applied for the children’s benefit. As a result, most states, including Michigan, now follow the “income shares” model, which recognizes that both Read More
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