In drafting a separation agreement, is it possible to structure the child support such that
- my spouse agrees to continue paying our son’s health insurance until age 18 (although I will have custody), and if he at any point is at a job that does not give him health insurance he would give me the money to pay for our son on my own health plan, and
- my spouse pays day care expenses for our son (he will be able to continue utilizing his flex account for tax-free dependent care expenses up to $5,000 per year, but would pay the entire cost of day care, not just what is covered under his flex plan), and
- at the point at which our son enters school and there are no longer day care expenses, my spouse would contribute the same sum of money that he was spending on day care each month into an education account for my son, which I would have control over.
Basically, I am asking that my spouse pay health insurance and day care, and when day care is over, he use the same money to build a college fund for our son. In this sense, he would not be paying me any money directly, but it would still go toward the care of our son. Is this sort of arrangement possible, and if so, are there any specific terms that I need to make sure are clarified in the agreement surrounding this?
Are the terms for child support payments generally until the child turns 18 or graduates from college?
Thank you for your response.