I wanted to post a copy of the form I use to track the never ending exchange of childcare payments between my ex and I.  Because my ex and I have a 50/50 shared custody agreement, we are each always needing to exchange money for half of the child-related payments we make.

In my particular situation, my ex and I use the same bank and have a joint checking account we use to exchange money quickly.  If I owe her, I transfer the owed amount into the joint account from my individual account (which she cannot see or access), she then withdraws then transfers that cash into her individual account (which I cannot see or access).  It is the same process in reverse when I am owed money.

This lifestyle is a busy one, and payments made or due can easily be overlooked or forgotten.  For this reason, it is best to NOT depend on your memory (or your ex’s) to track payments.  Even if you and your ex have an amiable post-divorce relationship, that can quickly sour when money comes into question.

The following shared custody payment log is in Microsoft Excel format. It is a payment template that you should feel free to modify to suit your personal situation.  You may want to give a copy to your ex too (or not).

Please let me know if you have any questions or if I can help you with the template.

Shared-Custody-Payments-Log

Dan