When Texas parents end their marriage, they typically undergo a radical lifestyle change. Household finances will be different, as each party will be living separately and incomes are no longer being combined. In many cases, the parent who is awarded primary physical custody will be entitled to receive child support through an order issued by the judge. However, it's important to note that child support does not cover all the expenses of raising children.
When people are considering the various financial aspects of a divorce, they should be aware that child support orders may not cover more than every day expenses. However, it is obvious that there are some additional costs involved in raising a child that are likely to be incurred.
These costs may include things like day care, afterschool programs, sports and private music lessons. Special events such as field trips, prom or birthday parties are also additional expenses that child support orders may not cover. While custodial parents expect to provide significant financial support to their children, it is important that they understand that they will have to craft a budget that can help them to pay for these items. In some cases, these issues can be addressed in a parenting agreement.
Parents who are facing the end of their marriage may want to have the help of their respective attorneys when addressing these types of issues. In some cases, they may be able to negotiate a supplementary child support agreement that could be more flexible than what the court orders. It is important to remember, though, that amounts ordered by the court must be paid in full and in a timely manner.