Legal Question in Family Law in California
Settlement of child support
I have a son who will turn 18 in 2 years and 7 months. We have never had a relationship and the mother would like to settle the balance of child support for $8,500.00 instead of me making monthly payments for the next 2 years and 7 months. Can we do this and is there some form or letter for release that we can use?
1 Answer from Attorneys
Reply: Settlement of child support
In a general sense, the risk you run by pre-paying it is that the other parent ends up comming back for more later on. There is no way to waive it or pre-pay it. You may wish to consider putting the money in a savings account and withdraw from it monthly to pay your child support obligation, keeping the interest for yourself.
For a specific opinion regarding your individual circumstances, I suggest that you consult with an experienced family law lawyer. Experience is not expensive, it's priceless!
You will find some valuable information on various California family law issues by visiting my web site.
Good luck to you!
Brian Levy, Esq.
www.calattorney.com