Get a Skilled Child Support Lawyer Who Understands the Complexities of Athlete Compensation
Helping Athletes Stay Ahead in Child Support Matters
When you’re a professional athlete, your financial situation is in no way ‘typical’. When you are in a child support dispute, you need a child support lawyer who truly understands that. At Clark Law Group, we help athletes in Dallas, Texas, protect their rights and navigate child support laws with confidence, so that they can reach fair outcomes even when their income is high or inconsistent.
Because child support laws in Texas don’t have any specific provisions for athlete compensation, things often get complicated when these individuals go through divorce proceedings. That’s why you need the help of a seasoned firm like Clark Law Group that knows the fluctuations in athlete income and handles your case in a fair and precise manner.
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Income of Professional Athletes: Key Aspects Considered in Court Include
Professional athletes are known to earn significant income via different sources, such as salaries, bonuses, and endorsements, among many others. During the determination of child support payments for professional athletes in Texas, various considerations are taken into account.
Earnings History
Courts usually consider the history of earnings of an athlete when determining the amount for child support payments. This includes a thorough review of income tax returns and past contracts.
Bonuses / Endorsements
Beyond their salaries, professional athletes also get additional income in the form of bonuses and endorsements. When calculating child support, these modes of income will also be factored in fairly.
Potential Income
If an athlete has tried to reduce their income or earning potential on paper, additional income may be imputed by the court upon assessing what they could have reasonably earned according to skills and experience.
Fluctuating Income
If there have been changes in the athlete’s income due to injuries, endorsements, season, or contract changes, the average income of the athlete is considered over a period to establish the child support amount.
Reliable Legal Support for Every Step of Your Child Support Case
Child support cases demand careful consideration of financial details and legal procedures. In Texas, the law aims to ensure that both parents are contributing to the upbringing of the child after separation or divorce. To reach a fair and conflict-free agreement for professional athletes, the support of a knowledgeable sports attorney from Clark Law Group is essential. We guide families through every stage, whether you are a professional athlete who is expected to provide child support or a parent seeking support from a professional athlete.
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How Does the Texas Family Code Outline Child Support?
The Texas Family Code has clear and fair guidelines about the methods to be used for calculating child support payments. These typically depend on the income of the non-custodial parent and take several parameters into account, such as the number of children who need support and the net resources owned by or available to the non-custodial parent.
According to these guidelines, the percentage of monthly net resources that the non-custodial parent must pay as child support is as follows:
One child
20 percent of the net resources of the non-custodial parent
Two children
25 percent of the net resources of the non-custodial parent
Three children
30 percent of the net resources of the non-custodial parent
Four children
35 percent of the net resources of the non-custodial parent
Five children
40 percent of the net resources of the non-custodial parent
Six or more children
At least 40 percent of the net resources of the non-custodial parent
This arrangement is subject to change depending on various factors. To get a clear view of the same, you need to speak to a sports lawyer from Clark Law Group.
Caps on Maximum Athlete Income Considered for Child Support
From September 1, 2019, there has been a cap set on the maximum income of an athlete that will be considered in child support calculations. It is as follows:
$9,200 per month
$110,400 per year
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Clark Law Group – Your Go-To Sports Law Firm for Athlete Compensation and Child Support Cases!
Are you a professional athlete divorcing your partner and concerned about child support? Then, you need to seek help from a law firm where every attorney understands child support laws in Texas and can support you in every manner possible.
So, why wait? Schedule a consultation at Clark Law Group and talk to our skilled child support lawyer to get answers to all your questions. Call now!
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