When I talk to clients about what constitutes income available to pay for child support I ask them to imagine an umbrella…a very BIG umbrella. Everything underneath that umbrella is income available to pay child support. In California, this has been codified in Family Code Section 4058, which states;
“The annual gross income of each parent means income from whatever source derived…and includes, but is not limited to, the following:
Income such as commissions, salaries, royalties, wages, bonuses, rents, dividends, pensions, interest, trust income, annuities, workers’ compensation benefits, unemployment insurance benefits, disability insurance benefits, social security benefits, and spousal support actually received from a person not a party to the proceeding to establish a child support order under this article.”
I emphasized “social security benefits” because that is the theme of this blog. Continue reading