Relayer
Carpal \'Tunnel
Reged: 03/13/07
Posts: 9506
Loc: Moorglade Mover
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[quote][quote]How would I go about setting up an escrow account? Is there a FAQ about this that I can use to educate myself? [/quote]
I knew when my stbx found out that I had consulted an attorney, he would close all of our joint accounts and I would have no money. (he had a history of keeping large sums of money in secret accounts, including overseas) We had about 120k in liquid assets. My attorney advised me to withdraw half from our joint accounts and open a new account with my name only. I put half of it into a 13 month cd and half into a money market account. He said to be sure to keep a very detailed accounting as we would declare it as a marital asset. I only had to use a small portion of the money as we were granted a speedy temp hearing where I was awarded temp ss and cs. I only recently had to dip into the funds to pay for school tuition. Today a judge ordered him to pay me back half of the tuition amount. My lawyer assured me that taking half was perfectly legal and as long as I declared it and kept good records and not "frittered" it away, a judge would not hold it against me. [/quote]
--> What you did is quite legal. I would have done the same. Now if you woulkd have pissed away the money, thats a different story. All you did was ensure your 1/2 would still be there, regardless.
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GO CUBBIES!!!!
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Relayer
Carpal \'Tunnel
Reged: 03/13/07
Posts: 9506
Loc: Moorglade Mover
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[quote]Assuming he makes between $150k and $190K, that is a variance of $40K, split that and add it to the lower number (or subtract it from the higher number) that is an average income of $170K. Halfway between $60K and $80K is $70K. You are suggesting that she gets FOURTY ONE PERCENT of his income BEFORE child support? Then he pays at LEAST 20% in child support. That is 20% of his remaining 100K, which is $20K. So, she gets $90K to $100K a year of his $170K?
Are you on CRACK? It was an ELEVEN YEAR MARRIAGE! Then she should get that till the kid is TWENTY TWO??
You are LOST, I swear.... [/quote]
Obviouly...rememberm this is a person who never piad nor reveiced support (if I remember right, she gave up SS formore assetts or some such nonsense). THAT happens in EVERY divorce case (like it's a normal or unique thing)
She has never been the subject of a SS judgement, on either end and why she posts this kind of info and even participates in this particular forum is beyond me. A TMZ overdose or soemthing but nothing she has ever stated he is close to reality.
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GO CUBBIES!!!!
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1966Gal
Carpal \'Tunnel
Reged: 04/04/08
Posts: 10098
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She has never been the subject of a SS judgement, on either end and why she posts this kind of info and even participates in this particular forum is beyond me. A TMZ overdose or soemthing but nothing she has ever stated he is close to reality.
+++++++
Yes, I received significant alimony and had a long battle over it, so you are the one who doesn't know what he's talking about.
What you are forgetting is that there is a special-needs child involved, and the H WANTS her to continue to homeschool him. Depending on the severity of his needs, she might not be able to work and the states recognizes this. The care of a special needs child and the career/income impact that has on the SAH parent is a big factor in the determination of alimony.
No way will they allow her to sit home and care for this child full time while he works and his career flourishes, only to leave her with nothing and "entry level" employment skills when the child turns 18. No way.
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The Gov cannot give anything to anyone - that they have not first taken away from someone else.
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Relayer
Carpal \'Tunnel
Reged: 03/13/07
Posts: 9506
Loc: Moorglade Mover
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[quote]She has never been the subject of a SS judgement, on either end and why she posts this kind of info and even participates in this particular forum is beyond me. A TMZ overdose or soemthing but nothing she has ever stated he is close to reality.
+++++++
Yes, I received significant alimony and had a long battle over it, so you are the one who doesn't know what he's talking about.
What you are forgetting is that there is a special-needs child involved, and the H WANTS her to continue to homeschool him. Depending on the severity of his needs, she might not be able to work and the states recognizes this. The care of a special needs child and the career/income impact that has on the SAH parent is a big factor in the determination of alimony.
No way will they allow her to sit home and care for this child full time while he works and his career flourishes, only to leave her with nothing and "entry level" employment skills when the child turns 18. No way. [/quote]
Yuo already said NUMEROUS times you gave up CS in exchange for more of the assets. Make up your mind.
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GO CUBBIES!!!!
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1966Gal
Carpal \'Tunnel
Reged: 04/04/08
Posts: 10098
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Yuo already said NUMEROUS times you gave up CS in exchange for more of the assets. Make up your mind.
+++++++++
LOLOL I NEVER said any such thing. Who do you have me confused with? Get your story straight!
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The Gov cannot give anything to anyone - that they have not first taken away from someone else.
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gr8Dad
Carpal \'Tunnel
Reged: 06/07/04
Posts: 30209
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...while I agree that you got SS, I recall you saying that your ex AGREED to it, cause he thought it was the RIGHT THING TO DO?
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Why give a "senior" discount, they have had plenty of time to raise the money...
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gr8Dad
Carpal \'Tunnel
Reged: 06/07/04
Posts: 30209
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...is ridiculous. She will NOT get 41% of his pretax income, simply not going to happen, and if she DOES float that number, he might just decide that homeschooling is too damn expensive, LOL.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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1966Gal
Carpal \'Tunnel
Reged: 04/04/08
Posts: 10098
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...while I agree that you got SS, I recall you saying that your ex AGREED to it, cause he thought it was the RIGHT THING TO DO?
++++++
Oh heck no. We agreed outside of court, the day before we were due in court to let the judge settle it.
I sat in a room with my lawyer. He sat in a room with his lawyer. The 2 lawyers went back in forth between rooms...our emotions were so high, we couldn't even speak to each other at that point.
It was awful, but we *did* come to our own agreement, outside of court.
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The Gov cannot give anything to anyone - that they have not first taken away from someone else.
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gr8Dad
Carpal \'Tunnel
Reged: 06/07/04
Posts: 30209
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...a "long battle" to setteling it BEFORE court and a lawyer walking back and forth between rooms?
Susan, before me and my first ex were finally divorced, she attempted to KILL ME with a car, she attempted to hire a HIT MAN (she was warned by the police), and she battled for EVERYTHING.
Sorry, but you do not know what a "battle" in family court is, your last post proves that.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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1966Gal
Carpal \'Tunnel
Reged: 04/04/08
Posts: 10098
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Sorry, but you do not know what a "battle" in family court is, your last post proves that.
+++++++
I meant a "rational, civilized battle." Neither of us are murders. He's an engineer, I'm very analytical as well. Neither of us have a temper. So our type of "battle" might not be your type of "battle", but it was still very much a BATTLE to us, for what we were used to.
And there was a time I THOUGHT about hiring a hitman...LOL...probably would have if I thought I could get away with it. But, alas, calmer heads prevailed...and he wasn't worth going to jail over. :)
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The Gov cannot give anything to anyone - that they have not first taken away from someone else.
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