Paying Full Table CS with 50/50 Shared Parenting

My advice would be to present her with an amendment to your agreement stating that a) going forward child support will be offset (wording has been suggested in previous posts), b) you will both provide confirmation of income once a year on a specific date for recalculation, c) what the new CS amount would be if she had an income of $21K. You can then move ahead with imputation if you choose (although do the math - how much additional money would you save if she had an imputed income of $40K vs $20K in an offset situation, and is that worth the time and effort?).

All the other stuff people are bringing up - whether her home daycare is licensed, is she reporting her income accurately to Ontario Works, etc - is not really your concern as a co-parent. If you have reason to suspect children are at risk of neglect or abuse in her home daycare, then you have to call CAS just like any person would. But beyond that, her financial arrangements aren't relevant to you.
 
Hes asking the questions about her business so he knows its a legitimate self employment business. If she ran an office or consulting business he would ask for financial statements. Because she is running a daycare in her home, the likelihood of it failing for lack of license and proper contracts means he goes back to the payments. And if shes making 40 grand then yes it is worth it because it means no child support and shared costs for s7. Added to all that, if she can work at a real job for $40,000 to 50,000 a year and hes agreed to her being at $20,000 to avoid court, hes losing out annually and that means d5 loses costs that she could have for activities they cant afford because mom chooses to be under employed.
 
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