Searching for Binding Child Support Agreement Lump Sum information? Find all needed info by using official links provided below.
https://lawhandbook.sa.gov.au/ch07s01s08s03.php
Binding Child Support Agreements can include an agreement to transfer a lump sum payment of cash or non-cash. For example, transferring equity in the former matrimonial home can constitute a lump sum child support payment. Some fundamental characteristics of lump …Author: Narelle Egan
https://guides.dss.gov.au/child-support-guide/2/7/1
A child support agreement may include provision for child support to be provided otherwise than in the form of periodic amounts, but not specify how that payment is to reduce the child support payable (CSA Act section 84(6)) nor specify that it is a lump sum payment that is to be credited against the child support assessment liability (CSA Act ...
https://www.diyfamilylawaustralia.com/pages/child-support/can-i-do-lump-sum-child-support-payments/
The value of the lump sum must be specified in the Binding Child Support Agreement; The value of the lump sum must be equal to or higher than the annual rate of child support as assessed by Child Support Agency. The lump sum payment is treated as a credit towards Child Support payments. Child Support payments will resume and be payable as ...
https://guides.dss.gov.au/child-support-guide/5/3/3
Jan 02, 2020 · 5.3.3 Crediting lump sum payments Context. The Registrar can credit lump sum payments of child support if the lump sum payment provisions are contained in a binding child support agreement or court order, and the amount of the lump sum equals or exceeds the annual rate of child support payable under an administrative assessment.
https://family-law.freeadvice.com/family-law/child_support/lump-sum-child-support-payments.htm
Some divorcing parents may try to make an agreement for a large lump sum child support payment rather than a regular, extended payment plan. However, if a parent who paid a lump sum is later sued for more child support, he will be obligated by the courts to pay more.
https://www.dss.gov.au/our-responsibilities/families-and-children/publications-articles/child-support-scheme-reforms-factsheets/fact-sheet-eighteen-child-support-agreements-and-lump-sum-payments?HTML
Jun 01, 2008 · A parent may also end a limited agreement after three years. Lump sum payments. Under the new Scheme, binding child support agreements can include lump sum payments (including transfer of property) to be credited as child support instead of monthly cash or electronic payments.
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