Effective January 1, 2024, a new version of the Indiana Child Support Guidelines will become effective. There are a number of changes that you may wish to discuss with an attorney. This blog post will highlight three of the most noteworthy changes:
- Updates to weekly support schedules: the economic models and calculations for the Child Support Guidelines has been updated consistent with current income models and cost of living. Generally — but not in every case — application of the 2024 Child Support Guidelines will lead to increased obligations for parents across all income levels, except for those at very low income levels.
- Removal of the 6% rule: the 6% rule will not apply to any parties subject to the 2024 Child Support Guidelines. Parties, or judicial officers, will have to decide how these expenses should be paid. Options include pro rata (proportionate to incomes), equally, or in some other fashion
- Alternate methods for calculating the overnight credit: the 2024 Child Support Guidelines contain new, very specific guidance for how to calculate overnights when a parent spends a different number of overnights with different children.
If you have questions about the new 2024 Child Support Guidelines, including whether and how they might apply to you, contact the attorneys at Ruppert & Schaefer today.