How does Inheritance Affect Child Support Payments?
Although inheritance in and of itself does not change child support payments, if that inheritance generates income then it can be factored into child support payments. The attorneys at Sagaria Law take care to counsel you on the costs and benefits of using your inheritance in various ways. For example, if you use your inheritance to pay off your monthly mortgage payment then that mortgage payment will be as if an increase to your income and will affect your support payments. If you quit your job and use your inheritance to replace your income, then you may pay child support on the interest you would have earned if you would have banked the income instead. Inheritance calls for the specialized, experienced approach to Family Law that Sagaria Law provides. Contact us now to schedule your initial consultation.