The Self-Support Reserve Computation? Easy!
Every state has a mandatory formula for the computation of child support. You’re a legal professional; you know there are exceptions to every rule. Do you know what the “self-support reserve” exception is to a strict computation of child support?
Unfortunately, in today’s economy, every family law attorney needs to be familiar with the “self-support reserve,” the floor below which a child support variance would become appropriate. If you represent someone who has lost there job and is surviving on government benefits, you need to know this figure. If you represent a child support claimant, you need to not be caught unaware of an impending argument for a variance on this basis.
The federal government annually releases the “poverty guidelines,” defining the poverty rate, based upon household size. In 2011, the poverty guideline for a single person was $10,890/year. States set their “self-support reserve” as a multiplier of the federal poverty guidelines.
For example, let’s say you’re computing child support for NY. NY set its “self-support reserve” at 135% of the federal poverty guidelines. For a child support payor, alone in a household, the self-support reserve would be $10,890 x 135% or $14,702.
If you’re using the NY child support calculator in the “EzSupport-NY” legal software, you can save yourself the steps of keeping track of the federal government annual poverty announcements, checking for the affiliated state updates, and remembering to apply the self-support reserve each time you make a child support calculation. Use Easy Soft law office software to increase your productivity and ensure your accuracy.
With Easy Soft’s family law software, if a payor’s income is at or below the self-support reserve, you will receive a computer-generated alert that says “Low income adjustment applicable,” along with detailed notices such as “more than the poverty level $10,890 but less than self-support reserve $14,702.”
Whether you are calculating child support as part of a divorce settlement or part of a modification or enforcement proceeding, let Easy Soft’s legal software automate your calculations and generate needed alerts.
After all, don’t you already have enough to do in each case without having to remember every figure on your own?
Published by James Blee on August 16th 2012 | Software
Published by Paxton on January 2nd 2012 | Computer
Published by Tony Smith on March 9th 2012 | Software
Published by William Xavierss on June 25th 2012 | Software
Published by Tony Smith on May 17th 2012 | Software
Published by Joginder Singh on January 9th 2012 | Software
Published by Neha on January 27th 2012 | Software
Published by Neha on April 23rd 2012 | Software
Published by IGennie Kumar on August 17th 2012 | Software
Published by Avena Sowell on April 13th 2012 | Computer
Published by Paxton on January 16th 2012 | Software
Published by Saanjh on March 5th 2012 | Software
Published by Chris Mills on January 25th 2012 | Computer
Published by Carolmoore on February 28th 2012 | Computer
Published by Tony Smith on January 2nd 2012 | Software
Published by Vicky Joseph on January 24th 2012 | Software
Published by Micel Anderson on December 21st 2011 | Computer
Published by Mary Porter on June 19th 2012 | Computer