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Family Law Software can calculate child support guideline amounts in 21 states.

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Question: How do I show a retirement from a business, or sale of a business?

Answer:

Go to the "more info" screen for the business.

You will see a question about whether the business owner will retire or the business will be sold.

the question is worded this way so it can cover both retirement and sale.

This is where you enter a sale or retirement date.

If the business has a value, the business is assumed to be sold on this date.

The proceeds of the sale remain as a "business" asset, but they grow at the rate you have assigned as the rate of return on re-invested income.

(The rate of return on re-invested income is set on the Files & Settings > Settings > Assumptions page.)


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