Can Section 7 expenses be negotiated during mediation?

Yes, Section 7 expenses can be negotiated during mediation. A mediator can help parents reach a mutually agreeable arrangement on how to share these expenses. Mediation allows for a flexible and collaborative approach to resolving [...]

Can Section 7 expenses be negotiated during mediation?Ken Maynard CDFA, Acc.FM2024-05-26T17:45:21-04:00

How are Section 7 expenses shared between parents?

Section 7 expenses are shared between parents based on their respective incomes. The proportion of the expenses each parent pays is calculated according to their income ratio, ensuring that both parents contribute fairly relative to [...]

How are Section 7 expenses shared between parents?Ken Maynard CDFA, Acc.FM2024-05-26T17:45:32-04:00

Are Section 7 expenses tax-deductible?

No, Section 7 expenses are not tax-deductible. These expenses are considered part of the overall support obligation for the child and do not qualify for tax deductions. However, some specific medical expenses might be eligible [...]

Are Section 7 expenses tax-deductible?Ken Maynard CDFA, Acc.FM2024-05-26T17:45:45-04:00

Who is responsible for paying Section 7 expenses?

Both parents share the responsibility for paying Section 7 expenses proportionately based on their incomes. The allocation is determined by the income ratio of each parent, ensuring that the burden of these expenses is fairly [...]

Who is responsible for paying Section 7 expenses?Ken Maynard CDFA, Acc.FM2024-05-26T17:45:58-04:00

How do Section 7 expenses differ from basic child support?

Section 7 expenses differ from basic child support in that they cover special or extraordinary costs beyond everyday necessities. Basic child support covers routine expenses like food, clothing, and housing. In contrast, Section 7 expenses [...]

How do Section 7 expenses differ from basic child support?Ken Maynard CDFA, Acc.FM2024-05-26T17:46:24-04:00

Are extracurricular activities considered Section 7 expenses?

Yes, extracurricular activities are considered Section 7 expenses if they are reasonable and necessary for the child’s development. Examples include sports, music lessons, and other enrichment activities that enhance the child’s physical, cultural, or artistic [...]

Are extracurricular activities considered Section 7 expenses?Ken Maynard CDFA, Acc.FM2024-05-26T17:46:37-04:00

Can a mediator write a separation agreement?

Yes, a mediator can assist in writing a separation agreement. While mediators facilitate the discussion and help draft the terms, the final agreement should be reviewed by a lawyer to ensure it meets legal standards.

Can a mediator write a separation agreement?Ken Maynard CDFA, Acc.FM2024-05-26T18:09:59-04:00