All children are entitled in a legal sense to financial support from both of their parents. It is up to courts to set guidelines on how to determine how much a non-custodial parent must contribute towards the expenses of his or her children.
The guidelines can be influenced by many factors, such as the income of both parents and the number of children that are in the household.
Courts take into consideration monthly gross incomes when determining numbers. This income can come from any source and includes pensions, salaries, commissions, bonuses, and dividends.
Disability benefits, distributions from IRAs and 401Ks, capital gains, mineral royalties, rent received, and social security benefits are also calculated as monthly gross income.
In addition, the value of a company car, reimbursed meal costs and free housing can also be included.
Gross income may also include the value of free housing, a company car, or reimbursed meal costs. Expenses looked at include, but are not limited to, health insurance, childcare costs, and other miscellaneous expenses.