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displaced
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(New)
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04/29/08 07:18 PM
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208.40.206.69
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inheritance and child support
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i will soon receive a lump sum from an inheritance. could this money be a consideration if a modification of child support arises?
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Re: inheritance and child support
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No , any income derived from the inheritance would be though .
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Re: inheritance and child support
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how will the courts decide on how to incorporate the inheritance? could the money be spread over a period of time or will they hit me one time hard. its a one time lump sum.
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Re: inheritance and child support
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The inheritance can't be touched . Only the income you earn from it can be considered in CS calculations .
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Re: inheritance and child support
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to make sure i understand. receiving the inheritance will not increase my child support. but if i have an income from the inheritance, that income will be considered?
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KGrow
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(Platinum)
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05/02/08 03:33 PM
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24.8.144.220
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Re: inheritance and child support
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Yes, if you put the money in the bank, the interest you earn on it is reported on your tax return and child support worksheet as income.
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