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A custodial parent is the parent that the child lives with. The non-custodial is the parent that the child does not live with (although they will have visitation rights). The non-custodial parent does not lose the right to have the child live with him/her. They still have access to the child's medical records, school records, etc. The limitations of the parent's rights will be defined by the court. Also, the non-custodial parent would most likely have to pay child support to the custodial parent to help in the care of the child.
That is simply not true - a noncustodial parent has all the legal rights to make decisions regarding the child(ren). This would be in regards ***** ***** medical, finances, etc.
However, that is dependant upon reasonableness under the circumstances.
That is not true - there are major differences between a custodial and non-custodial parent beyond just the tax ramifications. Usually, the custodial parent always gets the tax benefits unless there is written agreement otherwise. Usually, the non-custodial parent has to abide by limited custody/visitation with the child(ren).