Treatment of Additional Sources of Income for Support
If your child's other parent did not fully disclose their income while you negotiated a support agreement, you need to contact a skilled attorney who has handled these types of cases before. San Jose Divorce Lawyer John S. Yohanan has been representing clients in the most complex family law struggles for over three decades. He can help you.
The most important aspect of child support is maintaining your child's standard of living and care after divorce. Protection of each parent's interests and rights is also important to consider. Whether you are the support paying parent or the custodial parent, your financial situation should be analyzed to achieve the most beneficial settlement. If there is reason to believe that all income or assets were not disclosed at the time support was negotiated, there may have been a breach of fiduciary duty. Legal action may be warranted.
For a free and confidential consultation with an experienced and candid attorney, call 408-297-0700 and speak directly with San Jose Family Law Attorney John S. Yohanan.You Deserve a Fair Spousal Support Arrangement: Attorney John S. Yohanan can Help
If you have questions about how bonus income affects child support and spousal support obligations, contact San Jose Divorce Lawyer John S. Yohanan. He knows that you deserve a fair spousal support arrangement and appropriate child support. If your arrangement is not fair, he will be your aggressive and skilled advocate. With more than 30 years of experience resolving child support disputes and other family law matters, he has the experience and knowledge necessary to help you achieve your goals.
The income of each parent is heavily considered in determining the amount of support to be paid. As under California law, the child should share the standard of living of both parents and a spouse receiving support should be able to maintain the lifestyle they had during the marriage. Accurate and fair reporting of all sources of income are essential when creating a support agreement. These sources of income may, of course, include wages and salary of each parent. But other income must also be considered:
- Bonus income
- Stock options
- Dividend payments
- Overtime compensation
- Annuity income, including structured legal settlements
- Other private sources of income
Perhaps your child's other parent has not reported all of his or her additional sources of income. Or perhaps some aspect of your employment portfolio or additional income should be treated differently for purposes of determining your child support obligation. Regardless of how complex your situation is, we may be able to help you get the fair treatment you deserve.