A couple’s income is very important in divorce proceedings. It is vital that an accurate picture of the financial situation of each spouse is built up, as without this there could be an unfair result for either party. In some cases income maybe straightforward, however it can be difficult to work out an individual’s income if they earn a significant amount through commissions. Individuals who work in sales, financial brokerage, or real estate, will often earn a large proportion of their income in this way.
Instruct a high net worth divorce lawyer in connection with commissions
The reason that commissions can cause such a problem in divorce proceedings is that payments are often large, but equally they are often unpredictable. An individual may earn a large sum in commission, however they may not earn anything significant for quite a long period of time afterwards. A spouse who earns commissions may try to mislead the court in order to produce a more favorable outcome for themselves. It can be quite easy for them to do this, especially if the commissions are paid in cash. They may, for example, fail to disclose some or all of their commission in order to avoid paying higher sums for child support. A spouse who deliberately misleads the other about their commissions is likely to be looked upon less favorably by the court, and as a result is likely to get a less favorable outcome.
For this reason it is important that those who earn a significant portion of their income from commissions, or who have a partner who does, contact an attorney immediately to make sure that their interests are fully protected.
Contact Cantor Law Group for immediate help with commissions
Clients of Cantor Law Group benefit from lawyers with over 70 years of combined experience, including a per the Arizona Board of Legal Specialization. They can be sure that their matter will be dealt with efficiently, by lawyers with a good understanding of how to correctly take into account commission-based earnings. In recognition of our skill, we have been AV® Rated by Martindale-Hubbell®, and are listed in the bar Register of Pre-Eminent Lawyers®.
As a Member of Arizona’s Finest Lawyers®, Cantor Law Group is dedicated to safeguarding their clients’ future from financial uncertainty or unfairness. We work hard to protect all of our clients using aggressive representation, to achieve the result that is best for them.