Legal Question in Family Law in Pennsylvania
I'm 56; she's 53. Married 12 years, 2 children ages 9 and 11. No jobs for either of us in 7 years, and in my case no education beyond high school. So very hard to get any kind of reasonable job at this point. Practically all income for past 7 years has been capital gains from trading in the stock market. I have been very lucky, annual returns averaging approx 40%, resulting in current net worth approx $3 million (85% of which is cash). Historic returns are obviously unsustainable, and have only been approx 1% over the past 12 months. For child/spousal support purposes, how would a judge impute our incomes, in particular investment income?
1 Answer from Attorneys
Its hard to say exactly how this would be calculated without knowing all of the facts. If you are thinking about a divorce, I would highly suggest that you retain a lawyer.
If you would like to discuss this further, please feel free to contact me.
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