Definition: Timeshare (Now called parenting time) refers to the time that a parental has physical responsibility of a child. Common timeshare arrangements are as follows:
20%: Every other weekend from Friday after school until Sunday at 6:00 p.m. and a mid-week dinner visit is a typical example of a 20% visitation schedule. This was also known as a Freeman Order as set forth by now deceased Comissioner Freeman.
35%: Every other weekend as set forth above combined with alternate weeks (Friday to Friday during the summer time. This is a common plan when the parties live more than 25 miles away from each other where the daily drive to school would be too much for the children.
40%: Three days on and four days off (approximately 72 hours per week). For example, every Sunday through Tuesday.
50%: Alternating three days on and four days off. One parent has four days one week and three days the next. 5-2,2-5 is another common plan. An exaample of this plan is every Monday through Wednesday and every other weekend from Friday to Monday.
Unfortunately, timeshare is one of teh factors considered in child support calculations so it is often a highly contested issue.
In general, the more time a parent has responsibility for a child, the more financial assistance they will need from the other parent (if they are the custodial parent) or less financial assistance if they are the non-custodial parent.