Litigation
Mar. 28, 2007
Ballooning Support
Focus Column - By Shelley L. Albaum, Harold J. Cohn and Seth D. Kramer - A new family law case teaches spouses that they cannot reduce support obligations by depreciating their businesses.
By Shelley L. Albaum, Harold J. Cohn and Seth D. Kramer
In the recent case of Asfaw v. Woldberhan, 2007 DJDAR 2721 (Feb. 27), the appellate court found that, in determining what makes up available income for child support under Family Code Sections 4058 and 4059, depreciation is not an allowable deduction from gross income in certain circumstances.
&n...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In