Unfortunately, not every marriage will last a lifetime. In the spousal dissolution process, there may be questions as to the earning capacity of either spouse.
Often divorcing parties are in need of an Expert that can perform an analysis to determine reasonable and realistic expectations of an individual’s present and future employability, place-ability, and earning capacity. Employability Analyses in Family Law cases are utilized to determine a spouse’s earning potential, spousal support, alimony or rehabilitation alimony. More specifically, an Employability Analysis gathers and assesses information from an individual’s work history and education, including research of the local labour market to help make these determinations. RJS is expert at determining an individual’s earning capacity.
Top nine(9) most common reasons to use an Employability Expert in Family Law Cases:
- Evaluate the current and future earning capacity and employability of a supporting spouse.
- Estimate a realistic length of time for a supported/supporting spouse to find work in the current labour market.
- Assess efforts of a supported/supporting spouse to seek employment, build a business or explore career options.
- Demonstrate a spouse’s education, work-related skills and earning capacity.
- Determine the costs and duration of education and training for future career options.
- Ascertain to what degree factors such as age, physical or emotional health impact employability.
- Compare actual earnings to potential earning capacity of a supported/supporting spouse.
- Establish a supported/supporting spouse’s earning capacity.
- Consider changes in the circumstances of a spouse’s wage earning capacity and overall employability.
Using the assessment of your spouse’s earning capacity, the judge can “impute” income. In other words, the court can assume future potential income to your spouse when calculating child or spousal support.