Do it Yourself - Family Mediation CenterFamily Mediation Center
PARENTING PLAN
Child Support
- Child support shall be determined in accordance with the Federal Child Support Guidelines.
- Based on Parent [A/B]’s income of $[amount], Parent [A/B] shall pay child support of $[amount] per month to Parent [A/B], commencing [date] and payable on the [day] of each month.
- The Parties shall share special or extraordinary expenses (s.7 expenses), including but not limited to childcare, extracurricular activities, and uninsured medical costs, in the following proportions: [Parent A %] / [Parent B %].
SEPARATION AGREEMENT
Legal Protection and Clarity It creates a legally binding document that clearly outlines each party’s rights and responsibilities, preventing future disputes and misunderstandings. Without one, you’re left relying on verbal agreements that can be difficult to enforce.
Financial Security The agreement establishes how assets, debts, and ongoing financial obligations will be handled. This includes property division, spousal support, child support, and who pays what bills. It protects both parties from unexpected financial burdens and ensures fair distribution of marital assets.
SWARM FINANCIAL DISCLOSURE
- Acknowledgement
Each party acknowledges that any separation agreement, parenting arrangements, or court orders will be based on the accuracy and completeness of the disclosure exchanged. - Consequences of Non-Disclosure
The parties understand and agree that: - Failure to provide full and honest disclosure may result in a separation agreement being set aside or varied by the court.
- A court may impose costs, fines, or other penalties if a party is found to have withheld, misrepresented, or falsified financial information.
- Non-disclosure may allow the other party to reopen issues of property division or support in the future.
