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 Utah, when calculating child support, the court has the discretion to consider various factors to determine the net resources available to a parent. This includes the ability to assign a reasonable amount of 'deemed income' to assets that are not currently producing income. If the court finds that these assets could be producing income, or if they can be liquidated without causing unreasonable financial sacrifice due to market conditions, it may factor this potential income into the child support calculation. Additionally, if a parent has voluntarily transferred income-producing assets or intentionally reduced their earnings to avoid child support obligations, the court may assign a reasonable amount of deemed income to those assets or earnings as if they had not been reduced or transferred. This ensures that child support calculations are fair and reflect the actual economic capacity of the parents to provide for their child's needs.