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| Wellington Lawyers: Child Support Agreements in New Zealand: How to Set One UpBy: Corelegal Child support is a financial arrangement where one parent provides financial assistance to the parent who has primary care of their child. In New Zealand, child support payments help ensure that both parents contribute fairly to their child's upbringing, even after separation. The Inland Revenue Department (IRD) oversees child support in New Zealand, ensuring payments are made regularly and chasing up any unpaid amounts. The IRD also determines child support amounts through formula assessments if parents cannot agree on their own. There are three ways to establish a child support agreement in New Zealand: 1. Formula Assessment Through IRD A formula assessment is a government-calculated child support payment based on both parents' incomes and the child's care arrangement.
Best for: Parents who cannot agree on a fair child support amount. 2. Voluntary Agreement Registered with IRD A voluntary agreement allows both parents to decide on a fair child support amount, which is then registered with the IRD for enforcement.
Best for: Parents who can agree on child support but want IRD to oversee payments. 3. Private Agreement Between Parents A private agreement is when parents decide on child support payments without involving the IRD.
Best for: Parents who have an amicable relationship and trust each other to follow through on payments. https://www.corelegal.co.nz End
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