Going through a divorce when kids are involved can be challenging. This is because divorce also affects them. And without help and support, the effects can be significant. One of the ways to make your child retain a sense of family is by supporting them financially.
The Colorado Child Support Services Program offers solutions to help parents meet their children’s needs. In addition to the program, you should also follow these tips:
1. Pay on time, every time
It is vital to pay child support on time for your child to have all their needs met. You can develop a plan to have the finances by the required time. For instance, you can save a certain amount weekly in a dedicated account.
Falling behind and then trying to come up with a huge amount to cover missed payments can be stressful. Besides, it can potentially lead to fines and a jail term.
2. Record every transaction
Although this sounds odd, you need to keep a record of all the money you send to your child, including money transfer messages and receipts of expenses. These records will be helpful when you want to renegotiate child support or there are accusations that you’ve not kept up.
3. Communicate with your co-parent
You need to communicate with your co-parent about child support effectively. Both of you can come up with a budget that will keep the child comfortable until the next payment. It will also help to talk to them about your finances. You don’t want them to discover your bonuses or undisclosed income in court – nor do you want a sudden decrease in your income to destabilize them.
Co-parents who have figured out how to manage child support issues avoid many misunderstandings. If you have disputes with an ex over child support, make sure you get experienced legal guidance.