FAQs - Family Law Software

FAQs

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Question: I want to show investments appreciating, but not show any current income.

Answer: On the Client Info > Assets & Debts screen, make an entry in the column labeled "% Apprec'n" and leave blank the columns labeled "Annual income" and "or %."

Appreciation is not taxed currently but appears on the Net Worth Spreadsheet reports showing an increase in the value of the asset.

In order for income or appreciation to appear, you must specify how the asset is allocated between the parties (% to party)..

You can do this where you enter the asset, and also on the Marital Property Division worksheet.

The income and appreciation will be divided proportionately to the allocation of the asset.

If there is no allocation, then there will not be any income or appreciation to either party from the investment.