Must cashed out earned vacation leave be included in annual income for child and spousal support purposes?
I have never cashes out any earned vacation time in the past, but considering doing so in near future to cover separation/divorce costs. I have added a clause in separation agreement to exclude extra income from cashed out vacation time for the purpose of detrmining child and spousal support.
There is no law or rules that oblige me to share my earned vacation with my ex during or after marriage, it is only logical to that my ex cannot share the monetary value of the earned vacation, as well. This is my logic.
I do not see this as similar to overtime issue.
I would appreciate forum members feedback, in case my ex's lawyer does not accept the suggested exclusion clause in the agreement. Thank you.
I have never cashes out any earned vacation time in the past, but considering doing so in near future to cover separation/divorce costs. I have added a clause in separation agreement to exclude extra income from cashed out vacation time for the purpose of detrmining child and spousal support.
There is no law or rules that oblige me to share my earned vacation with my ex during or after marriage, it is only logical to that my ex cannot share the monetary value of the earned vacation, as well. This is my logic.
I do not see this as similar to overtime issue.
I would appreciate forum members feedback, in case my ex's lawyer does not accept the suggested exclusion clause in the agreement. Thank you.
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