Start Your Divorce Today - Premium Divorce Online

Page 8 of 20 < 1 2 6 7 8 9 10 19 20 >
Topic Options
#606609 - 02/05/10 07:22 PM Re: Bonus payout [Re: Cassie23]
1966Gal Offline
Carpal \'Tunnel

Registered: 04/04/08
Posts: 10103
Ok, so $27,000 + $110,000 = $137,000. After CS, his gross income is $119,000.

Her income: $45,000 + $10,000 + $18,000 = $73,000. $46,000 difference. It would make sense that he is paying the health insurance and took on more of the marital debt.

Plus, I maxed out her bonus, even though he said it could have been $6,000.

I don't think $18,000 a year is an enormous amount of CS to pay when you make $137,000. It's less than 15% of his income!


Edited by 1966Gal (02/05/10 07:23 PM)
_________________________
The Gov cannot give anything to anyone - that they have not first taken away from someone else.

Top
#606610 - 02/05/10 07:24 PM Re: Bonus payout [Re: 1966Gal]
Sherron Offline
Carpal \'Tunnel

Registered: 11/25/06
Posts: 20729
"I don't think $18,000 a year is an enormous amount of CS to pay when you make $137,000. It's less than 15% of his income! "
Personally, I think it's outrageous on a 50/50 arrangement. And if he's correct that she's making at least equal to him on her new job... yeah, I'd say a mod is in order. Remember, this is cs... not alimony.

Top
#606611 - 02/05/10 07:27 PM Re: Bonus payout [Re: Sherron]
1966Gal Offline
Carpal \'Tunnel

Registered: 04/04/08
Posts: 10103
And if he's correct that she's making at least equal to him on her new job... yeah, I'd say a mod is in order. Remember, this is cs... not alimony.

++++++

He never said that she makes nearly as much as him on her new job. He said that with CS and 30% of his bonus she makes near what he makes.

He has also said he has no idea what she makes on her new job. He's basing his numbers off of her old job.
_________________________
The Gov cannot give anything to anyone - that they have not first taken away from someone else.

Top
#606612 - 02/05/10 07:28 PM Re: Bonus payout [Re: Sherron]
Cassie23 Offline
Carpal \'Tunnel

Registered: 10/07/05
Posts: 14784
Where do you get $18k for CS Gal?? It's 18k PLUS 30% of his bonus for CS. So if he owes her $18k PLUS $8k (for this bonus) that is at least $26k for CS/year plus what he pays for health insurance and he should get credit for it unless she has them on insurance too.

So $26k/year in CS based on a 50/50 parenting schedule.

Top
#606613 - 02/05/10 07:29 PM Re: Bonus payout [Re: Sherron]
JennyLynn Offline
Carpal \'Tunnel

Registered: 07/14/05
Posts: 31656
&lt;&lt;Personally, I think it's outrageous on a 50/50 arrangement. And if he's correct that she's making at least equal to him on her new job... yeah, I'd say a mod is in order. Remember, this is cs... not alimony.
&gt;&gt;

I completely agree.

Top
#606614 - 02/05/10 07:32 PM Re: Bonus payout [Re: Cassie23]
1966Gal Offline
Carpal \'Tunnel

Registered: 04/04/08
Posts: 10103
Where do you get $18k for CS Gal?? It's 18k PLUS 30% of his bonus for CS. So if he owes her $18k PLUS $8k (for this bonus) that is at least $26k for CS/year plus what he pays for health insurance and he should get credit for it unless she has them on insurance too.

So $26k/year in CS based on a 50/50 parenting schedule.
+++++++++++

$18,000 is $1,500 a month.

If he pays her $8k in bonus then that makes her income $81,000 and his income $111,000.

I'm curious is that 30% in bonus is truly a CS thing or more of an alimony/family support thing.

Could be the 30% is based on the amount he earned prior to the divorce and is more of an alimony thing.

Jeff, is that 30% on your bonuses something you have to pay EVERY year or just this year?
_________________________
The Gov cannot give anything to anyone - that they have not first taken away from someone else.

Top
#606615 - 02/05/10 07:34 PM Re: Bonus payout [Re: 1966Gal]
Cassie23 Offline
Carpal \'Tunnel

Registered: 10/07/05
Posts: 14784
I got where you got the $18k from, I just meant that was only PART of his CS since he has to pay 30% of his bonus. ;)

Top
#606616 - 02/05/10 07:35 PM Re: Bonus payout [Re: 1966Gal]
Avaya Offline
Carpal \'Tunnel

Registered: 02/09/06
Posts: 9850
Loc: Arkansas
[quote]I don't think $18,000 a year is an enormous amount of CS to pay when you make $137,000. It's less than 15% of his income! [/quote]

So FREAKING WHAT? They live with him half the time AND that is more than is necessary to raise a child! Who cares how much he makes? Oh yeah, Susan cares, and judges who are completely clueless.
_________________________
Eternity is too long to be wrong.

Top
#606617 - 02/05/10 07:36 PM Re: Bonus payout [Re: Cassie23]
1966Gal Offline
Carpal \'Tunnel

Registered: 04/04/08
Posts: 10103
I got where you got the $18k from, I just meant that was only PART of his CS since he has to pay 30% of his bonus. ;)
++++

The 30% bonus might not be part of CS, it might just be part of the overall, divorce settlement.

I'm interested to know if he has to pay it every year or just this once. If it's just once, then it's probably part of the overall settlement since they were married part of the year, no?
_________________________
The Gov cannot give anything to anyone - that they have not first taken away from someone else.

Top
#606618 - 02/05/10 07:39 PM Re: Bonus payout [Re: 1966Gal]
Cassie23 Offline
Carpal \'Tunnel

Registered: 10/07/05
Posts: 14784
That's possible. In his other posting, "CS Modification", it made it sound like that was the CS agreement. I guess we will have to wait till poster clarifies?

Top
Page 8 of 20 < 1 2 6 7 8 9 10 19 20 >

Moderator:  dsAdmin 


Resources & Tools
Start Your Divorce Online Start Your Divorce
Several Options to Get Started Today.
Divorce Tools Online Divorce Tools
Keeping it Simple to Get the Job Done.
Divorce Downloads Download Center
Instantly Download Books, Guides & Forms.
Divorce and Custody Books Discount Books
Over 100 of the Best Divorce & Custody Books.
Negotiate Online Negotiate Online
Settle your Divorce and Save.
Custody and Support Tracking Custody Scheduling
Make Sure You Document Everything.

Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Enter Your Zip Code: