Financially Supporting Your Child

Financially Supporting Your Child

Interim Agreements for Support

Temporary agreements, called interim agreements, can be used to help manage the finances in the short term. It takes time and money to separate a household. It makes sense to create short-term plans and make interim agreements to help provide financial stability for the children.

Interim agreements for support can take into consideration the extra costs of one parent having to set up a separate residence. Interim agreements may also be written to cover the cost of the mortgage or a car payment until support is formally put in place. 

Interim agreements may also provide an amount greater than required under law. This may help one parent to adjust to the new reality and cover expenses for temporary accommodation, to look for work, buy a car, etc.

Last Reviewed:March, 2024 Reviewed by:JES