Child support With Finacially

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Both parents are under a legal obligation to support their children financially, based on their ability to do so. When the parents cannot come to an agreement about child support, a court can be petitioned to step in and create a binding arrangement, usually in the form of a monthly payment. If you are paying child support voluntarily, without a legal agreement, it is in your best interest to have a court approve the agreement; otherwise, you may find that your contributions are considered “gifts.” In that event, you may still be required to pay formal, court-ordered child support despite your prior “gift” payments.