Child Support Agreements
Child support agreements are resolutions agreed to by separating parents outlining money that is payable to help support the children’s financial needs by a parent that does not have 100% care of the child.
Child support agreements are resolutions agreed to by separating parents outlining money that is payable to help support the children’s financial needs by a parent that does not have 100% care of the child.
You are not legally required to create a child support agreement, but it is recommended in circumstances where you:
There are several types of child support agreements. In amicable circumstances, separating couples may go for a verbal or an informal agreement, however, in our experience, these can come back to bite one of the parties if the other party changes their mind.
Limited child support agreements can also by restrictive in terms of flexibility to dictate terms and can only stay in place for up to 3 years.
If you’d like to have a legally binding financial agreement about the child support, we recommend obtaining a binding child support agreement.