If you live in the state of Tennessee and are going through a divorce, you may need to learn more about child support laws. This holds true no matter if you think you’ll receive or be required to make monthly payments.
Many people are unaware of the fact that child support laws in Tennessee were modified in 2006. So, if you have been paying support for more than 12 years, you may want to review your situation to ensure that you’re not overpaying.
Right now, the state uses an income share model that takes into consideration the following factors:
- The household income of both parents
- The amount of time that the child spends in each home
- Medical insurance premiums paid for the child
- Medical and dental expenses
- Child care expenses (such as day care)
- Any other children that the parent may have to support
It’s important to understand how child support is calculated, as you don’t want there to be any gray area in regards to whether or not you’re paying or receiving what you should by law.
At our law firm, we know the ins and outs of Tennessee child support laws. With this knowledge, we’re able to provide our clients with advice based on their particular situation.
It doesn’t matter if you’ve been paying child support for many years or are just now going through the divorce process, you may need to learn more about the laws in Tennessee. This information can go a long way in helping you make the right financial decisions for you and your child.