I pay child support based on the NC child support calculations and my ex and I have agreed to adjust the payment when needed (raises in salary, child care increase during summer months, etc…).
My ex will be getting an inheritance that includes property, one of which generates income from rent, a retirement account (IRA) and cash. My ex has agreed that the money received from rent will go into the calculation that determines support. My question is this, would the other items be considered income? If not, would that change if the property is sold and / or the IRA is withdrawn from?
I know the child support guidelines say “[size=75][color=#400000]When income is received on an irregular, non-recurring, or one-time basis, the court may average or prorate the income over a specified period of time or require an obligor to pay as child support a percentage of his or her non-recurring income that is equivalent to the percentage of his or her recurring income paid for child support.[/color][/size]” so we would probably average this income over a few years if it is considered income.
Thanks for your time.