Determination of Income for Child and Spousal Support

Spousal support and child support amounts are largely based on income. For that reason, determination of income is a fundamental element in any support negotiation. While for some spouses this is a simple matter, for others, financial disclosure is far more complex.

In addition to Peterson Stark Scott's complement of family law lawyers, the firm has several team members with knowledge of business law and corporations. This diverse practice experience means we are able to handle challenging financial matters in divorce proceedings.

Knowledgeable Advice for Income Determination

Whether your separation goes to court or is settled privately, full financial disclosure on the part of both spouses is crucial. It not only ensures a fair settlement, but that the settlement is enforceable in court. While for some families income is readily identifiable by looking at previous tax returns and current pay notices, for others, it is less black and white. At Peterson Stark Scott, we can handle such forms of income as:

  • Stocks that may fluctuate in value
  • Business shares
  • Self-employment earnings
  • Payments from a trust
  • Government payments such as pension earnings, employment insurance or workplace disability
  • Hidden assets and income

Child support amounts are based primarily on the income of the payor and the number of children he or she must support. Spousal support entitlement and amounts are based in part on whether a spouse will suffer financial hardship after the relationship ends. Because of this direct connection between income and financial commitment, it is necessary to have knowledgeable legal advice before agreeing to a separation settlement.

Peterson Stark Scott has been providing one-on-one, personalized client service in British Columbia for more than 40 years. From our Surrey office, we help spouses throughout the Lower Mainland and Fraser Valley understand and advance their legal rights.

Get the Answers You Need

To make an appointment, contact the firm today. Call 604-588-9321 or 1-800-555-3288 or reach us online.