Two way street

[faithnlve]

What is the name of your state? Vt What if the custodial parent receives a large inheritance? Would that make the child support go up for the other parent?? Plus, does the cp have to let the courts know of inheritance if they are receiving child support. You would think it should go both ways. Faith

 

[CJane]

What should go both ways?

Generally, no an inheritance received by EITHER parent will not affect CS. There are exceptions - sometimes a cash inheritance can be intercepted for arrears, etc. But really, no it's not going to cause a change in CS.

 

[SingleMom67]

Poster, you're question isn't quite as clear as it could be. If the CP receives a large inheritance doesn't necessarily mean the NCP would responsible for paying more. Either way, whether or not it affects the amount depends on how much is a "large inheritance."

Vermont Modification of Orders Published: October 18, 2005
"...For modification of a Child Support Order, a change is considered real and substantial if it would make the child support amount payable under the child support guidelines at least 10% higher or lower than the amount currently paid as per the current Child Support Order. This may occur when one of the following occurs: one parent's income changes substantially; involuntary loss of employment, where wages are replaced by unemployment compensation, worker's compensation or disability benefits; substantial inheritance; promotion, and; changes in the parenting plans. Voluntarily quitting one's job cannot be used to justify a reduction in child support, unless such termination of employment was done for good reasons." [emphasis added]

 

[BelizeBreeze]

What is the name of your state? Vt What if the custodial parent receives a large inheritance? Would that make the child support go up for the other parent??

Very simple question. To which the answer is NO.

Plus, does the cp have to let the courts know of inheritance if they are receiving child support. You would think it should go both ways. Faith

If the CP has a large inheritance from which the court would, if it became known, calculate support obligations pursuant to chapter 11, subChapter 3(a), then the NCP can notifiy the court by filing a petition to amend the current order.

It is not the court's job to keep track of litigants once they leave the courtroom.

 

[faithnlve]

What I guess I am asking is this...If a CP received say 250,000.00 and never said anything, then, the NCP gets an inheritance of the same amount 3 years later, will the CP have a right to up child support? Im not asking if they can file, I realize anyone can file to modify, what I am trying to find out is if they will more than likely get it upped. thanks