
spinnerdegrassi
Carpal \'Tunnel

Reged: 08/20/06
Posts: 7947
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Re: Alimony and a Yacht
10/30/11 10:25 PM
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You can't project hypotheticals like his father dying and him getting a larger % of the business, because things can change on a daily basis. Plus business profit is not the same thing as income, as that can be re-allocated annually and you can redirect it. If they decided his father was going to get all the profit, how are you going to prevent it?
When my father ran his business, he took 50k a year in salary. The business turned a few hundred k a year in profit. His then wife, as they were divorcing wanted a cut of that profit. Problem was, my father was only on "paper" a 25% owner, as my sisters and I owned the rest. We decided where the profit went. It always went to him, until she decided to make a play for it, and we told her that she would never see a dime of it, because we would just allocate it going forward to ourselves, and then backdoor it to him and there wasn't a thing she could do to stop us.
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