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Day: November 24, 2020

November 24, 2020

Non-Traditional Income Sources and Divorce

Generally, tax returns, paystubs, and traditional wages are the easiest way to determine one’s income for purposes of child support and/or alimony. However, not all spouses earn income this traditional way. Non-traditional earnings, including dividends from income investments, passive income, retained earnings in a closely-held corporation (if excessive or inappropriate), Social Security benefits, as well as more-complex income streams may be taken into account when determining child support and/or alimony obligations. If a spouse earns non-traditional income, your divorce attorney may recommend you seek the assistance of an expert to support in determining a complete picture of the income available
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