Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Went out today with my good friend who is divorcing her cosmetic surgeon/dermotologist husband after 22 years of marriage. She said he makes 500K+ per year.
4 kids one having Down Syndrome. Oldest child is 17, youngest is 5.
She gets 15K a month TOTAL for both CS and alimony. Alimony was set at 6 years and she will get lifetime CS for the Downs child.
Court would not order any college expenses, but he agreed to pay 50% of college tuition ONLY.
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13.1...because I am only half crazy!
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hanzblinx
enthusiast
Reged: 08/13/10
Posts: 380
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The only surprise is that the guy makes 500K. Geez. I'm in the wrong business. I never considered using the vanity of women as a source of income, he's a genius.
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Honestly she said he did not make that money until he started the botox, filler, lip injections, etc.
Surprisingly she did not get any of his practice either. She was an office manager and she worked while he was in med school. I guess the judge said she either gets 6 years of alimony OR interest in his practice. She said she was scared he would quit working just to spite her so she took the 6 years of alimony.
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13.1...because I am only half crazy!
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Oh and she said she asked for a combined total of 22K and got 15K.
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13.1...because I am only half crazy!
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1966Gal
Carpal \'Tunnel
Reged: 04/04/08
Posts: 10098
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My first thought is due to his business expenses of running a practice, they might have adjusted his income downward somewhat.
My 2nd thought is if he is making $500k a year, there were probably some pretty significant marital assets that they split, lessening her need for alimony.
My 3rd thought is he had a better lawyer! That's a pretty lousy deal UNLESS she got some significant assets in the divorce. There must have been a significant house, 401k, etc...
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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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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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She told me she has the best attorney in San Antonio and that her ex husband tried to get her minutes after she retained her.
She got her Escalade and legal fees paid. She got her house but it is brand new with no equity it, in fact she moved in after they split. She had to divide furniture...assets were split 50/50.
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13.1...because I am only half crazy!
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gr8Dad
Carpal \'Tunnel
Reged: 06/07/04
Posts: 30372
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You have GOT to be the ONLY person that would say that recieving $180,000 a YEAR for the next six YEARS is a "bad" deal for her. Especially considering she doesn't have to do ANYTHING to get it.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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I am surprised she only got 6 years. Her Downs son is severely disabled and has seizures. He is only 7. She is eventually going to need a job, but I don't know what she would do with him.
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13.1...because I am only half crazy!
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yngwies_guitar
journeyman
Reged: 01/11/10
Posts: 61
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No kidding gr8. Can I be "screwed over" like that?
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spinnerdegrassi
Carpal \'Tunnel
Reged: 08/20/06
Posts: 8012
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[quote]The only surprise is that the guy makes 500K. Geez. I'm in the wrong business. I never considered using the vanity of women as a source of income, he's a genius. [/quote]
It's what made my father into a millionaire many times over. I figure the summers I worked at his clinic when I was doing my BSN, I saw at least 1000 breast augmentations. Fake t!ts are big business.
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googledad
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Reged: 12/31/05
Posts: 10207
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Texas has some rather special rules for spousal support , I'd assume the husband agreed to the terms and they weren't ordered by a judge or if they were , it's in the form of reimbursement alimony for her share of the practice . Normally it couldn't be ordered for more than 3 years or exceed $2500/month unless she is disabled and can't work or the child's disability prevents her from work .
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Careful. We don't want to learn from this.
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gr8Dad
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Reged: 06/07/04
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Okay, if the child needs around the clock care, he should have a professional and they should SPLIT the expenses. By her staying home, she is gaining on all fronts, and that is simply not right.
And lets be honest, very few children require 24/7 care. If they do, they qualify for assistance under the disability insurance, as well as most medicaid plans.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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[quote]Texas has some rather special rules for spousal support , I'd assume the husband agreed to the terms and they weren't ordered by a judge or if they were , it's in the form of reimbursement alimony for her share of the practice . Normally it couldn't be ordered for more than 3 years or exceed $2500/month unless she is disabled and can't work or the child's disability prevents her from work . [/quote]
The alimony is compensatory and non-modifible and I think it is because she worked while he was in medical school. She did also work in his practice until she had the downs baby.
The boy is Downs and I think austistic and falls asleep all the time...he is 7 and I think he wears diapers. He is a lot of work and she has another one younger than him. I think that once alimony is over the Dr. will likely have a special nanny for him. He may be an a$$hole husband, but he knows that little boy needs a lot of attention and I bet he'd pay for special care.
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13.1...because I am only half crazy!
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gr8Dad
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Interestingly enough, and I REALLY do not want to argue about this, but in the other thread, you asked why I would ask a poster if her estranged baby daddy paid for her school. This is the reason, it can effect financial issues, even for non married couples.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Well in the other case they are not even married so I don't see how that would have affected anything.
This case they were married 22+ years with 4 kids and she definitely worked while he was in medical school and she definitely ran his office for him while he got started in his practice. I don't see the parallels between the two at all.
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13.1...because I am only half crazy!
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gr8Dad
Carpal \'Tunnel
Reged: 06/07/04
Posts: 30372
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DO you try to be INTENTIONALLY difficult? I ASKED A QUESTION.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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1966Gal
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Reged: 04/04/08
Posts: 10098
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I think that once alimony is over the Dr. will likely have a special nanny for him. He may be an a$$hole husband, but he knows that little boy needs a lot of attention and I bet he'd pay for special care.
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Hope that's true. I think she got totally screwed. How is she supposed to work while spending the REST OF HER LIFE caring for that little boy?
YOu say on one hand that the Dr. cares about the kid and would make sure that he was taken care of, but on the other hand, she felt that if she got a part of his practice, he would have quit just to spite her. That would not have been good for the kids. So does he care about them or not.
The judge could have easily fixed this. He could have given her a piece of the partice with the condition that he shut down the practice, he'd have to pay her alimony.
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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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Sherron
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Reged: 11/25/06
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"How is she supposed to work while spending the REST OF HER LIFE caring for that little boy?"
The same way thousands of other parents of SN kids do, on a lot less money than $15k a month.
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gr8Dad
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Have you considered that as the sole person running the practice now, especially with all of the new insurance stuff, etc etc, he is taking ALL of the risk, and she is INSURED against it by getting a GUARANTEED return of $180,000 a year without lifting a finger? Now, as a spouse, she shared in the work and profit of the business. Now she gets only the profit. He does all the work. Takes all the risks. Bad year? Too bad, pay me. Lawsuit? Too bad, pay me. Fire? Too bad, pay me.
As for spending the rest of her life caring for the child, here is the deal, HE is spending the lrest of his life paying child support on the child. Mom can care for the child herself, or pay someone else to do it while she works, but SHE has a responsibility to the child as WELL< and whether it is through her own input, or through her paying a nurse, etc, it must be performed as well.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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spinnerdegrassi
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Reged: 08/20/06
Posts: 8012
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[quote]"How is she supposed to work while spending the REST OF HER LIFE caring for that little boy?"
The same way thousands of other parents of SN kids do, on a lot less money than $15k a month. [/quote]
It's simple
You hire a PT CNA now to care during work hours. The dad pays a portion, the mother pays a portion. As the child gets older, you see how development goes and adjust accordingly.
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Sherron
Carpal \'Tunnel
Reged: 11/25/06
Posts: 20190
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spinner, the kid is 7... I'm gonna guess a good portion of the (potential) work hours, he's in school.
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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[quote]DO you try to be INTENTIONALLY difficult? I ASKED A QUESTION. [/quote]
Sorry I guess you and I are talking about two different things. Don't understand your response at all.
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13.1...because I am only half crazy!
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Susan taking care of your kids and taking care of your ex wife are TWO totally different things. I know you cannot see the that, but they are totally different.
You may think she got screwed but she and her lawyer don't think so. Texas is NOT alimony friendly and she is lucky to have gotten what she did. She asked for 22K (total CS and alimony) a month for life, her ex offered her 9K a month for 3 years and she got 15K for 6 years. This is why I totally do not understand when you tell people they will get 50+% of their spouses income off the bat. It sets them up for false hope.
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13.1...because I am only half crazy!
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DedicatedDad
veteran
Reged: 09/05/04
Posts: 1318
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The net pay for $500K is $310K a year. That leaves him with $130K and having to pay college expenses. His 500K could easily become 100K, and not a nickel of it is guaranteed. I'd hate to walk in his shoes. He's at the federal level of prosecution for arrears if he misses to what equates to 10 days of support.
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finz
Carpal \'Tunnel
Reged: 06/17/08
Posts: 6489
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The boy is severely disabled with DS, doesn't sound like college will be in his future.
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gr8Dad
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They have three other children as well.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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finz
Carpal \'Tunnel
Reged: 06/17/08
Posts: 6489
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Ah.....missed that....thanks
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1966Gal
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Posts: 10098
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This is why I totally do not understand when you tell people they will get 50+% of their spouses income off the bat. It sets them up for false hope.
++++++++
Even you admit that Texas is a very un-friendly alimony state. If a person asked about alimony in Texas, they would get a different answer from me than alimony in California.
50% of their spouses income does happen in some alimony cases, and even more in temporary orders sometimes. We see it on here...it happened to my h.
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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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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Susan your husband seems to be a bit of a push over, at least from what you have said on this board.
I have lived all over the states.
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13.1...because I am only half crazy!
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gr8Dad
Carpal \'Tunnel
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Posts: 30372
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He isn't a puch over, he makes a lot of money, and apparently, it was worth a LOT of it to get rid of Susan.
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Why give a "senior" discount, they have had plenty of time to raise the money...
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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[quote]He isn't a puch over, he makes a lot of money, and apparently, it was worth a LOT of it to get rid of Susan. [/quote]
When she said husband I assumed she was talking about the guy she is married to. Not her ex husband.
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13.1...because I am only half crazy!
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Sherron
Carpal \'Tunnel
Reged: 11/25/06
Posts: 20190
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"He isn't a puch over, he makes a lot of money, and apparently, it was worth a LOT of it to get rid of Susan."
Not everybody chooses to use drugs to dull the experience of marriage...
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Avaya
Carpal \'Tunnel
Reged: 02/09/06
Posts: 9823
Loc: Arkansas
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[quote]When she said husband I assumed she was talking about the guy she is married to. Not her ex husband. [/quote]
However, he's an even bigger push over!
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Eternity is too long to be wrong.
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