Calculating child support when income is derived entirely from capital gains

Question: How is child support calculated when income is derived entirely from dividends and capital gains rather than “earned income” from a job? What happens if some of one’s income-producing assets are subsequently liquidated for the purpose of buying a house? Is projected income then reduced?

The Financial Grief of Divorce

By JoAnne C. Holt, Divorce financial analyst Financial professionals working with family law cases deal with exaggerated emotions from their clients and it presents unique demands for the financial professional. As a criminal law attorney once told me, “criminal law involves dealing with bad people on their best behavior and …

Do I have to pay child support if my income is below the poverty line?

Question: I am the non-custodial parent and pay child support to my child’s mother. My wages are being garnished and my income has recently slipped below poverty level. Will my child support case be closed and I won’t have to pay anymore because my income is below poverty level?

Can I lower my child support if she is voluntarily unemployed?

Question: My ex is voluntarily unemployed causing me to pay a huge amount of child support. Can I modify child support since she is choosing not to work?

Can I get a support modification if I can’t prove her income?

Question: When my ex wife and I divorced, I was ordered to pay 5% of my gross income as child support. My ex now makes substantially more money than me and I would like to either get my child support obligation terminated or reduced. She says that the support order …

Is military disability compensation be used to figure alimony?

Question: Will my veteran’s disability compensation be used to figure alimony? Does that count as income?

Can I have someone other than an attorney represent me in court?

Question: I have heard that in my state, only a minimum of a 20% increase in income would warrant a modification of child support. My income has increased, but not by 20%. My ex has filed a hearing to determine if I should pay more child support. I don’t want …

I have a new job but my ex is already asking for more child support. Can she do that?

Question: I recently got a new job after being unemployed for awhile and falling behind in child support due to my lack of income. My ex-wife is already taking me back to court to increase my child support due to my new income and is requesting I pay back all …

I’ve fallen way behind on alimony. Can I get a retroactive modification?

Question: Is there any way I can get a retroactive modification to a divorce alimony decree from many years ago that I signed? I have been unemployed since 2002 and am a couple hundred thousand dollars in arrears.

How can I force my ex-wife to give me information she won’t provide about her job?

Question: My divorce decree states that if my ex-wife’s unemployment benefits run out then I am required to pay her that amount. She is telling me her unemployment benefits have run out, but I have reason to believe that she is still collecting unemployment checks. Is there a way for …