During the end of a marriage, the two parties will be planning to divide the marital assets and also provide for the children. For some, the family business is the most significant asset, but dividing it and determining its value can be tricky. Since child support calculations depend on accurate accounting of family finances, individuals in Florida who are divorcing and who have a family business may want to pay careful attention to how this asset is handled during the divorce process.
How much support is fair and how long should the support be offered? These are questions that are typically resolved in a family law court by a judge if the two parents cannot come to an agreement. In some cases, child support orders are modified if certain circumstances come about, but usually, the orders are binding. In one recent news story, a baseball star is being taken back to court in Florida over allegations that he is failing to pay court-ordered child support payments.
A government agency has policies in place to protect families, but is it working? The Florida Department of Revenue (FDR) Child Support Program exists to assist both custodial and noncustodial parents with child support payments. In a recent news story, some parents are saying that the department is not doing enough to help them get needed payments.