The first step in determining child support is to establish both parents’ true monthly income. This process is relatively simple for parents who earn a regular monthly wage.
Challenges can arise, however, when parents own their own business, have substantial investment or inheritance income, or work in seasonal or cash-paying jobs. We regularly work with forensic accountants to perform asset tracing and business valuations that help to accurately determine a parent’s income — despite what the tax returns might say.
We are also adept at handling cases where deviation from the child support guidelines may be warranted. This sometimes happens in situations where a child has special needs, where a parent’s income exceeds the amount contemplated by the guidelines, or where the children have become accustomed to a certain lifestyle during the marriage.