Alimony, Child Support and the Self Employed
Recently, I had a case where the payee former spouse was to recieve 5% of the paying former spouse’s gross income from his business. She was trying to claim 5% of all sales proceeds without considering the business expenses first.
A spouse or former spouse’s gross income is the gross proceeds minus the reasonable and normal expenses it takes to obtain that adjusted gross income.
It really doesn’t look good to the judge when one side makes attempts at overreaching.
See “Florida Divorce: A Client’s Guide“, a free downloadable PDF book at my website.