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Section 3: Child support

 

Child/children's names:

 

Agreement on guideline income

1

Party 1's yearly income for determining child support under the Federal Child Support Guidelines is

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2

Party 2's yearly income for determining child support under the Federal Child Support Guidelines is

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Regular child support payments

One parent has sole guardianship or most of the parenting time

3

The children will live primarily with Name.

Child support will be determined under the Federal Child Support Guidelines.

Name will pay per month to support the children.

Party 1
Party 2
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Shared parenting

4

Party 1 and Party 2 will share parenting time, and child/children will live with each of them at least 40 percent of the time.

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5

Child support will be determined under the Federal Child Support Guidelines.

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6

Party 1 will pay to Party 2 as child support the following:

per month, and

Party 1's share of the special or extraordinary expenses under this agreement.

Party 1
Party 2
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7

Name will pay child support on the day of each month, starting .

Party 1
Party 2
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Special or extraordinary expenses

8

Party 1 and Party 2 will share the costs of special or extraordinary expenses in proportion to each of their guideline incomes.

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9

For the purpose of calculating Party 1 and Party 2's share of any special or extraordinary expenses, the amount of the expense will be calculated by taking into account any tax benefit or subsidy for the expense.

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10

Name will pay to Name as Name share of the special or extraordinary expenses for child/children.

Party 1
Party 2
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11

Name will pay their share of the special expenses, on the day of each month, starting .

Party 1
Party 2
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12The following are the special or extraordinary expenses currently agreed upon by the parties. The parties may agree to change this list.
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13
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14
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15
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16
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17

By of each year Party 1 and Party 2 will review all expenses and payments and make sure each of them has paid their share of the special or extraordinary expenses for the previous year as set out in this agreement. If one party has not paid their share, they will pay the amount owed to the other party within days.

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Medical and dental expenses

18

Party 1 and Party 2 will share the children's medical and dental expenses equally (over and above insurance coverage) and will not incur any expense over $100 without the consent of the other party.

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19

Name will medical and dental insurance that is available through Name's employment for children until Name's obligation to pay child support under this agreement ends.

Party 1
Party 2
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20

Party 1 and Party 2 will:

  • each maintain that is available to them through their employment for children; and
  • share, in proportion to their adjusted guideline incomes, all of the children's medical or dental expenses not covered by insurance.
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Prior child support

21

Party 1 is not required to pay Party 2 retroactive child support for the period of time before this agreement.

Party 1
Party 2
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22

Party 1 will pay Party 2 to adjust for the difference between the amount of prior child support paid and the amount that should have been paid for that period as determined under the Federal Child Support Guidelines.

Party 1
Party 2
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When child support ends

23

Child support under this agreement ends when a child becomes

  • a spouse,
  • self-supporting, or
  • years old.

However, if a child who meets any of the conditions above cannot support themselves because of illness, disability, or the pursuit of education, the parties will review and determine child support for that child based on the child’s actual and reasonable needs and expenses, less the amount that the child can be expected to contribute to their own support.

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Sharing information and reviews

24Party 1 and Party 2 will each provide the other with:
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25

A photocopy of the most recent personal [and corporate] income tax returns, with all tax information slips and schedules

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26

The notice of assessment, when received

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27

Details of child tax benefits or other similar benefits received in the previous year and anticipated in the coming year, if known

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28

Particulars of child’s special or extraordinary expenses anticipated for the coming year

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29

The most recent annual statement of earnings, including overtime

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30

Any other information needed to figure out if the child support amount being paid under this agreement should be changed

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Obligation to notify

31

Each party must notify the other immediately upon becoming aware of a material change of circumstances that may affect child support obligations.

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Review and adjustment

32

If Party 1 and Party 2 do not review the child support as provided above, or review the child support and do not vary it in writing, both parties are deemed to consider that the child support continues to satisfy the requirements of the Federal and Child Support Guidelines.

Any adjustment to child support under this clause will not apply retroactively, but will be in effect from the date of review.

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