Child Support
The calculation of child support is chiefly determined by two primary components: (1) the income of both parents and (2) the time share each parent has with the children. Guideline child support is initially calculated by a computer formula commonly known as a Dissomaster calculation. However, a proper child support calculation involves much more than the input of numbers. Many relevant factors and tactics must be considered, including earning capacity of the parties, tax implications, high income earners and allowable departure from guideline support, and imputation of income to achieve a correct inclusion of all allowable income for the computation of child support.
Our firm has many years of experience in negotiating and litigating child support cases, including many cases involving extraordinarily high income earners. The complexity of these cases mean that we work closely with qualified CPA’s, financial experts and lifestyle consultants to properly analyze the facts and the law to obtain the fairest and best results for our clients.
We have experience with the many additional factors considered in calculating and determining child support, which can often adjust the child support calculation, including the following:
- Imputation of income and earning capacity
- High income earners
- Consideration of the parties wealth, assets, and marital standard of living
- Bonus and tax implications
- Pattern of family gifts or trust income
- Impact of stock options, deferred compensation, severance packages, executive compensation