When it comes to divorce involving children, understanding child support calculations becomes pivotal. It’s essential to comprehend what constitutes income in these calculations, particularly in California. This process can seem intricate, but fortunately, Kendall Gkikas & Mitchell, LLP is here to offer clarity and support. Keep reading to learn more about the nuances of child support income considerations in California and how Kendall Gkikas & Mitchell, LLP can help you through the process.
Diverse Income Sources Considered in Child Support
The California courts take various income sources into account when determining child support. This comprehensive approach includes considering various types of income, such as:
- Salaries & Wages
- Tips
- Unemployment benefits
- Bonuses
- Disability benefits
- Social security income
- Rental property income
- Retirement income
- Investment income
- Any regularly occurring payments from family members
As you can see, there is a lot that goes into these calculations, which is why you need an experienced lawyer like Kendall Gkikas & Mitchell, LLP on your side through the process.
Self-Employment Income: A Special Case
For self-employed individuals, the treatment of income in child support calculations is unique. Unlike tax filings where self-employment deductions are standard, these may not always apply in child support assessments. That is why it’s critical to consult with an experienced attorney like Kendall Gkikas & Mitchell, LLP to understand how your self-employment income will influence child support payments.
The Impact of Residential Time and Parental Need
Another key factor in child support calculations is the amount of time the child spends with each parent. The parent who has primary custody, or the one with whom the child spends most of their time, is often seen as having a greater need for child support. This consideration is crucial in ensuring that child support arrangements are fair and reflect the child’s best interests.
Seek Expert Guidance for Your Child Support Case from Kendall Gkikas & Mitchell, LLP
If you’re amidst a divorce and grappling with how child support is calculated, know that you’re not alone. While California employs a specific formula for these calculations, the myriad factors involved make it a complex issue. That’s where Kendall Gkikas & Mitchell, LLP comes in. With 31 years of experience, our team possesses deep knowledge of child support proceedings and can provide the guidance you need. Reach out to us at 909-482-1422 to discuss your situation and discover how we can assist you in navigating these crucial decisions.
To learn more about the reliable and quality divorce services that we offer, visit us on the web.
