Father was previously employed as a CFO of a major corporation earning $1,000,000 per year. There was a recent change in custody and father has gone from a 14% time share to a 50% time share. This change has caused him to leave that position and invest in a start-up business in which he is the sole participant. The company has $2,000.00 in assets but income is being returned to the business to continue the growth of the business, resulting in no income to father. He is paying his bills with savings and credit cards until the business can start generating income. 

What is the father's income for support purposes? Explain how you determined this amount?

Answer rating: 100% (QA)

To determine the fathers income for support purposes you typically consider various factors includin... View the full answer