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Attorney Jonathan Jacobs talks about child support calculations, particularly focusing on the imputation of minimum wage for individuals earning less than minimum wage. Divorce and Family Law Podcast discusses the implications of underemployment, the importance of accurate income reporting, and the financial realities faced by parents in today's economy, especially in light of rising inflation and living costs.
- Imputing minimum wage is common in child support cases.
- Minimum wage serves as a safeguard for minor children's needs.
- Deliberately underreporting income can backfire legally.
- Parents should aim for higher earnings than minimum wage.
- Child support guidelines may need updating due to inflation.
- Contesting minimum wage imputation can be costly.
- Financial resources for children are often insufficient today.
- Honest discussions about expenses are necessary.
- Parents should manage their work hours to meet minimum wage.
- The legal system aims to ensure fair support for children.
"Minimum wage is the bare minimum amount."
Chapters
00:00
Understanding Minimum Wage Imputation in Child Support
03:08
The Implications of Underemployment and Income Reporting
04:56
The Financial Reality of Child Support in Today's Economy
Call Jacobs Law Firm at 407-335-8113 to learn more. This is not legal advice and does not establish an attorney-client relationship. www.jjlawfl.com Call 407-335-8113.
Chapters
1. Understanding Minimum Wage Imputation in Child Support (00:00:00)
2. Underemployment and Income Reporting (00:03:08)
100 episodes
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