Minnesota child support laws are about to change. By summer’s end, Minnesota families will have to wrap their brains around a new way of determining child support. While the 2018 child support law won’t be the first change in the 2000s, you’ll still need to decipher what this means for your family’s monthly budget.
The last time child support laws were updated was in 2007, so this may be the first change your family has ever been witness to. Before Aug. 1, 2018, you’ll want to speak with a lawyer who knows child support and family law, like Jennifer Nixon
Below, we’ll look at how the 2018 child support law differs from 2007, and get a sneak peek at the newest calculator to help you predict the effects on your monthly budget.
Current 2007 Child Support Law
Child support is currently calculated by pooling the parent’s financial resources together, and using it as a pool of money from which to support children. This helps the children have a stable financial situation, the same as if they’re parents were currently together. The child support law then uses a formula to take a percentage from that pool to support the child based on each parent’s living situation.
Parenting expense adjustments made this law a bit more complicated to calculate. Parenting time is separated into large blocks, resembling cliffs in graphic form. The current 2007 law splits parenting time into three categories –