Full Video Transcript
Since more parents are increasingly sharing custody, or parenting time. Many courts have been awarding a parenting time credit toward the payor parent's child support obligation. With shared parenting, each parent incurs basic expenses for food and transportation when the child is physically with them. Also, when each parent provides the child with his or her own bedroom for overnight stays, such that the child basically has two households, each parent obviously incurs fixed residential expenses for the child.
Parenting time credit may be calculated in a number of ways, for instance either by the total number of the child's overnight stays per year or the percentage of time a child in effect lives with each parent, etc. However, it's important to note that courts don't usually count the fact that a child sleeps overnight at a parent's home as a creditable overnight stay. Rather, courts are looking at the time a parent spends helping the child with his or her homework, the parent's time and expenses associated with the child's extracurricular activities, and other things associated with truly shared parenting.