In Virginia, a couple of things go into a child support calculation: both parents’ combined incomes (if you are receiving spousal support, this is included as ‘income’), the amount either or both are paying for support of other children, the total amount of work-related childcare that they are paying, and the cost of health insurance...
Stepparents and Child Support
On Monday we talked about spousal support, including how it’s calculated, and what factors affect whether it’ll be awarded. Today, we’re going to go into even more detail, discussing adultery and it’s impact on spousal support, imputation of income, voluntary underemployment, modifiability, and tax consequences associated with support. For more information on these topics, let’s...
How much are you REALLY worth? What are you actually capable of earning? These questions are at the root of a lot of our spousal support cases. To determine a person’s worth or earning potential, we have to look at a lot of variables – education, work experience, age, physical condition, qualifications, licenses and professional...
If you’re the main breadwinner in your family and you’re now headed towards divorce, you’re probably a little concerned. And—that’s probably an understatement. Financially, divorce is probably pretty terrifying to you, even if it’s something that you know you want. Spousal support is probably the biggest issue on your mind because, whether you have kids...
If you’ve been a stay at home mom or you’ve significantly reduced your hours in an effort to promote the well being of your family and you’re now headed towards divorce, you’re probably a little concerned. And—that’s probably an understatement. Financially, divorce is probably pretty terrifying to you, even if it’s something that you know...