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originally posted by: OrphanApology
I don't understand the child support laws.
They also need to make it possible for people to create the equivalent of prenup agreements in relation to childcare in the event of a divorce. Unless someone is on drugs and can be proven without a doubt they are a danger to themselves and others, the agreement would need to be upheld.
That means that if a man and women get together and write up one of these agreements, they would decide prior to having children what type of money would go where in the event of a divorce.
There's no reason why state forced child support should ever be a million a month. If you're a woman and you're married to a rich dude then you live a rich lifestyle. If you divorce Mr. rich dude and the kids now live with you, you no longer live a rich lifestyle. If that's an issue for the kids then they can go live with him.
Unless there is something in your contract stating otherwise.
Honestly though, I think child support in general should just be done away with completely. It should only be upheld by the courts if there was a legal contract prior to having kids written up between the mother and father. As it is right now there is too much incentive for one parent(usually the woman) to fight for sole custody simply because it gives a bigger paycheck. This robs the kids of spending time with both parents and usually ends in one party living a miserable lifestyle not based in reality on the amount of money they make.
It does not give the parent who is forced to pay child support the option to cut back and live poor. When I was growing up(my parents did stay together) and we had some hard times, this was in the form of eating beans and not having expensive cereals and foods. This was in the form of wearing hand me down clothes. If you're making 10 bucks an hour and the court requires you to pay 500 a month in child support...why even bother living anymore? It's not like you'll ever be able to dig yourself out of the hole. You do not have the option as the parent who is receiving child support has, of making the decision to cut back. It's all or none.
originally posted by: Spider879
a reply to: Anyafaj
Oh don't get me wrong, a Pox and all their houses it's the absurd idea that kids need 3 million a month to live well.
originally posted by: Spider879
Chicago Tribune
Ken Griffin, founder and chief executive of Chicago-based hedge fund Citadel, on Thursday filed a motion in Cook County Circuit Court to set trial dates in their divorce, which he
He said Thursday that her financial disclosure statement claims almost $1 million a month in "child-related expenses," including $300,000 a month for a private jet, $160,000 a month for vacation rentals, and $60,000 a month for office space and professional staff.
"Anne's continued demands (come) under the guise of 'child support,' " Griffin's filing said.
Griffin has sought joint custody of the couple's three children, ages 7, 4 and 2. Dias is seeking sole custody, with reasonable visitation for Griffin, and wants to move to New York with the children.
"It is likely that Anne is using this delay to manufacture artificial ties to New York City — where none previously existed," Griffin said in his court filing.
www.chicagotribune.com...
Now there are couple of threads dealing with how the rest of us unwashed plebs go through life one guy walking 21 miles a day to work to make that $10:00 per hr job of which he is grateful and another about how Almost Half of US Households Exhaust Their Salaries www.abovetopsecret.com...
Now many of my fellow plebs will yell the loudest in protest if ever anyone utter the words.. TAX THE RICH!!!
originally posted by: jhn7537
a reply to: Anyafaj
If the kids want to keep living like billionaires they can live with their daddy.... I'm sure he's more than capable of taking care of them. Not sure why she needs full custody...
originally posted by: OrphanApology
a reply to: Anyafaj
First, he didn't force her to do anything.
If she quit, that was her own choice. Whether it was because of his manhood or because she believed in sugar sparkle fairies makes no difference, if she quit is was by her choice.
So no, she is not entitled to anything as she chose to quit.
Marriage and divorce should not be career paths. To not work 20 years is irresponsible and idiotic.
I understand not working for five years when children are babies before they start their studies and what not. Okay, I get that. But 20 #ing years? Seriously?
That was why I said there needs to be the option for some sort of agreements that are made up prior to having children. That way all parties are able to prepare and plan for things, if they choose not to then it's on them.
Also, everyone both rich and poor in America are stealing from one another as this is the system we have manufactured for ourselves that is not based on mutual best self interest. That doesn't have anything to do with the ridiculous child support system in America that needs done away with ASAP.(EDIT: well, it kind of does have to do with it but not directly and would be a different topic altogether)
Dias Griffin, once a hedge fund trader in her own right with $200 million under management, dissolved her fund near the time when her first child was born seven years ago. In newly disclosed details, Dias Griffin says it wasn’t raising children that was the problem, but her husband’s corporate compliance. Ken Griffin had “forced Anne’s personal trading and investment vehicle to abide by a new set of stringent spousal compliance rules imposed by Citadel” court documents reveal. Anne said she could not trade afterwards, losing her source of income.
Ken Griffin appears to be sweating out his wife. In her court filing she said that, “just last week, he threatened her that if she asks him for a penny, he would sue her until she has no money left.” Griffin has also failed to produce a current financial disclosure statement showing income, expenses and net worth, the court filing revealed.
originally posted by: rom12345
If these kids are accustomed to having a million $ a month spent on them, I think they will grow up with a very distorted view of want vs needs.
If the mother wants them to live in the manner they are accustomed to, the should live with their dad.
Or the should become accustomed to a more moderate life with mum, obviously not without a helping hand from dad.
The logic seems to be that it's the mother who wants the spoiled life style she has become accustomed to, so that she can in turn spoil her kids rotten.
originally posted by: buster2010
originally posted by: IShotMyLastMuse
Anne's petition is nothing more than a plea for this Court to require Ken to fund her affluent lifestyle, notwithstanding her own substantial wealth, and notwithstanding the premarital agreement in which she knowingly and voluntarily waived any right to spousal support or maintenance from Ken," Griffin writes in his filing. Given Dias Griffin's own means, which Griffin estimates in the filing to be "approximately $50 million or more," his wife, herself a onetime hedge-fund manager and active philanthropist, is amply capable of supporting herself, he asserts.
So just your average gold digger trying to take a man for all he's got just because.
and the fact that they are fighting over amounts of money all us us put together could not make in a lifetime makes me wish they both die of spontaneous combustion
She's not being a gold digger. Illinois law states that the children have to be kept in the lifestyle they were accustomed to when they were married. Besides he makes more than that just on interest on his billions so he won't even miss the money. As the saying goes if you wanna play you gotta pay.
originally posted by: crazyewok
originally posted by: Anyafaj
As someone already mentioned, they're entitled to live as they're already accustomed.
No they are bloody well not!
No one is "entitled to anything.
Social mobility should include ups and downs.
originally posted by: sweets777
a reply to: Spider879
Whats really sad is how messed up those kids must be and are going to be in life.
And heaven forbid if those kids ever get a dose of the real world ......................lol it will eat them alive.
And i dont mean if they lose their money and got to work or just stuff like that.
I mean all the things that can happen to the rich worse than lose your money ,,,,,,,,,,,,,drugs pride vanity
but mainly drugs .
I have found in my life that the most f@#ked up kids in the world are the rich peoples kids.
originally posted by: andy06shake
a reply to: subfab
"15 years paying child support
15 years of attorneys & court fees
15 long years now and counting. one of the worst experiences of my life."
That sounds more like a sentence rather than an obligation.
If i was you i would have faked my own death a long time ago.