Binding Child Support Agreements
A Binding Child Support Agreement is a legally enforceable agreement as to how each party pays and receives child support.
A Binding Child Support Agreement is a legally enforceable agreement as to how each party pays and receives child support.
These are legally enforceable documents, arrived at through a legal process. It’s not just an agreement that two parties can come up with informally. In order to arrive at an agreement, both parties must be willing to negotiate in the best interests of the children and obtain certificates of independent legal advice.
Binding Child Support Agreements provide a longer term option for co-parenting than a limited child support agreement which ‘expire’ after 3 years. These agreements also can be made regardless of whether or not a child support assessment is in place.
Creating a binding child support agreement is often part of a more strategic approach to separation, this is where our expertise is best placed. In addition, as both parties are mandated to obtain independent legal advice, we find our conciliatory approach most effective when dealing with other lawyers to reach a stage where the agreement can be produced and executed swiftly.
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