If you were lucky enough to receive an annual bonus from your employer this year, you may have a lot of exciting plans for that money. Whether you intended for your bonus to end up in your savings, be spent towards a trip, or go towards any other purchase, the unfortunate truth is that you may not be able to do so if you are divorced. Depending on if you share any children with your ex-spouse, or reached an agreement which involved alimony, your bonus will not remained untouched.
If you are paying spousal or child support to your ex-spouse, the state of California will consider any and all income you earn as part of its calculation of support. This means you will be facing the argument that your bonus should be factored into monthly calculation of support. In order to combat this rather unfair ordinance, you will need to enlist in the help of a strongminded and aggressive Pasadena lawyer who will fight to help you keep your rightfully earned income as your own.
The following forms of income are considered when calculating child or spousal support:
- Salary
- Commissions
- Royalties
- Wages
- Bonuses
- Rents
- Dividends
- Pensions
- Interest
- Trust income
- Annuities
- Workers’ compensation benefits
- Unemployment insurance benefits
- Disability benefits
- Social security benefits
- Spousal support paid by someone else
Contact Our Pasadena Divorce Team Today
At Gille Kaye Law Group, PC, we understand just how essential it is that your finances are fairly sorted out before, during, and after the divorce process. If you feel you are being ordered to pay more child or spousal support than necessary or even possible, we want to correct this injustice on your behalf. Our client’s success and satisfaction is our ultimate goal, which is why our experienced and skilled Pasadena lawyers have earned the prestigious reputation of delivering the results our clients deserve.
To schedule an initial consultation with our team, please don’t hesitate to contact us by calling (626) 340-0955.