In order to determine the net resources available for child support, the court may assign a reasonable amount of deemed income attributable to assets that do not currently produce income. The court may also consider whether certain property that is not producing income can be liquidated without an unreasonable financial sacrifice due to market conditions. The court may assign a reasonable amount of deemed income to income-producing assets that a party has voluntarily transferred or on which earnings have intentionally been reduced.
In Nevada, when determining the net resources available for child support, courts have the discretion to consider various factors to ensure that child support calculations are fair and reflect a parent's ability to pay. This includes the potential to assign a reasonable amount of 'deemed income' to assets that are not currently producing income. If the court finds that a parent has assets that could be producing income but are not, it may impute income from those assets for the purpose of calculating child support. Additionally, the court may examine whether non-income-producing assets can be liquidated without causing unreasonable financial hardship due to market conditions. If liquidation is feasible, the proceeds may be factored into the child support calculation. Furthermore, if a parent has voluntarily transferred income-producing assets or intentionally reduced their earnings to avoid higher child support payments, the court may assign a reasonable amount of deemed income to those assets or earnings. This ensures that child support obligations are based on the parent's potential earning capacity and resources, rather than solely on actual income.