Summer has arrived! For many parents involved in child custody cases, this means adjusting parenting time schedules. Summer parenting time, summer camps, vacations, and other summer activities can mean a change in child support.
The Equal Parenting Time (EPT) formula is one of two ways shared residential parents can calculate child support for their case. The EPT formula was introduced in 2012 as a replacement for the "80/20 Rule," which was in effect from 2008 to 2012. Let's take a look at how the EPT works and how it differs from other calculation methods.
A number of new users have contacted us recently to inquire about our free licensing. What happened to the free spreadsheet?
Child support adjustments can increase or decrease child support amounts. There are several child support adjustments which may apply to your specific case. Here's a brief summary of the child support adjustments in effect in 2017.