Searching for Can I Pay Child Support In One Lump Sum information? Find all needed info by using official links provided below.
https://mymodernlaw.com/blog/child-support-laws-lump-sum-advance-payment/
Generally speaking lump sum payments are best used to pay off child support debts rather than current/advanced payments.
https://www.acf.hhs.gov/css/employers/child-support-portal/bonus-lump-sum-reporting
Lump Sum Reporting Process Employers use the Lump Sum Reporting application on OCSE’s Child Support Portal to report employees who are eligible to receive lump sum payments. Through the application, employers can notify participating child support agencies about upcoming payments.
https://family-law.freeadvice.com/family-law/child_support/lump-sum-child-support-payments.htm
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. A notarized agreement for a lump sum payment does not protect a parent from future child support. Inflation, living expenses, and even earning capacity change over time.
https://www.diyfamilylawaustralia.com/pages/child-support/can-i-do-lump-sum-child-support-payments/
It is possible through a Child Support Agreement for one parent to make a lump sum payment to the other parent. By making a Lump Sum Payment, they can credit or offset their liability under the Child Support Agreement. A Lump Sum Payment can include the transfer of property (e.g. a house or unit).
https://themillardlawfirm.com/lump-sum-child-support-payments/
Lump Sum Child Support Payments. Several family law lawyers say a Sept. 20 Georgia Supreme Court ruling that affirmed a lower court’s grant of a lump-sum child support payment to cover 13 years of care sets a “dangerous” precedent because it grants one parent a large sum of cash without oversight.
https://www.avvo.com/legal-answers/can-you-pay-a-future-child-support-obligation-in-o-2499386.html
If your income is reduced (or will be in the future) then that'd be grounds for modification. What Mr Hall is saying is that paying a lump sum doesn't necessarily make sense because you could end up paying more in the long run. Child support is often a fluid amount depending on the child…
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