Divorce Fast & Easy In Michigan

S4 Ep12: My Ex Has Multiple Businesses, Will The Court Use Both Incomes To Determine Alimony?


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When determining alimony, courts consider various income sources, not just the primary salary. This becomes especially relevant when one spouse has multiple income streams, such as businesses or investments. Understanding how these diverse incomes impact alimony calculations is crucial for both parties involved in a divorce.

*The court considers all income sources, including side businesses and investments, for alimony calculations. *Alimony is influenced by the marriage duration, income disparity, and availability of disposable assets. *The total income used for calculation includes both primary employment income and additional earnings. *Courts aim to balance post-divorce living standards for both spouses through alimony. *Forensic accountants may be involved to accurately assess real income versus reported losses.

In cases where an ex has multiple businesses or income sources, courts meticulously scrutinize all financial aspects to ensure a fair alimony decision. This process aims to equitably distribute financial resources, reflecting the lifestyle maintained during the marriage. Accurate financial disclosure and professional assistance are key for both parties to navigate this complex aspect of divorce proceedings effectively. (248) 590-6600 Call/Text

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For more information: https://akivagoldman.com/michigan-family-law-attorney/alimony

For additional information, watch these videos: Can Alimony Increase If My Ex Earns More - ChooseGoldmanLaw https://www.youtube.com/watch?v=PLL2N_aTfE0

Is My [Wife Entitled To Alimony] - ChooseGoldmanlaw https://www.youtube.com/watch?v=prSSifwIoak

For more information, read blog below: https://akivagoldman.com/blog/divorce/my-ex-has-multiple-businesses-will-the-court-use-both-incomes-to-determine-alimony

#Michigandivorce #Michiganalimony #MultipleBusinessesasBasisforAlimony #ChooseGoldman  #ChooseGoldmanLaw #Goldmanandassociateslawfirm

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Divorce Fast & Easy In MichiganBy Akiva Goldman


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