Thursday, October 23, 2014

Are bonuses supposed to be figured in when deciding child support

Question

Are bonuses supposed to be figured in when deciding child support



Answer

Yes.

Child support is determined by your NET RESOURCES.

Net resources are defined in the TX Family Code which is available on-line.

You can "google" it for yourself & read all about it.

Net resources includes anything - rental income, interest income, "side" income, "illegal" income, gambling income, any income you could imagine.



Answer

Normally yes. If someone has received a bonus in the last that is not likely to be repeated, then the funds are now an asset and an argument can be made that the "income" of the person does not include the bonus. That argument will rarely work, but it can be made. Generally ALL income is counted, but there are exceptions.

Bob Leonard, Jr.



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