Date: Tue, 8 Nov 1994 06:07:36 -0500
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On 3 Nov 1994, Cami Brumburgh wrote:
> In article <0iiEBDu00iV1E2rGh7@andrew.cmu.edu>, Anna Matyas
> wrote:
> >
> > I received the following message from someone who can read this
> > group but is unable to post to it. I am posting it here at her
> > request.
> >
> [snip]
> > > Our lawyer indicated that she has *NO* claim to my money. If *either*
> > > parent were to experience a significant change in "status", then the other
> > > one may have a case to have CP adjusted. Examples of "significant change
> > > in status" included: coming into a large inheritance, winning big on the
> > > lottery, or on the other hand, losing a job/income. But "getting
> > > married", thus having two incomes instead of one, was NOT on the list.
Sometimes marriage of the NCP can impact the CS. The indirect result of
jointly held property (real-estate, stocks, 401K,...) can be construed as
income and therefore impact child support. On the other hand, the CP is
nearly immune.
> I still think the "...coming into a large inheritance, winning big on the
> lottery..." is quite unfair. Nothing worst than to have your parents die
> and while you're muddling through the mounds of paperwork, attorneys, etc.,
> trying to get everything in order, get a notice from your ex saying she's
> "sorry for your loss, but by the way, I want more money".
I had the reverse occur. The CP inherited $60,000, and had it spent
within 6 months. Regardless, the inheritance did not impact the overall
support payment because the increase in income was offset by an increase
in total support due. The net effect would have been a net change of 2%
for that year only. If I had received the $60,000, the amount would have
increased with me required to pay the full amount. I had requested that
the CP purchase an annuity to ensure income during emergencies. She
spent $25,000 on down payment for a house. She spent $20,000 on car/repairs.
Now the kids need braces and she doesn't have any money.
> Just as well as winning the lottery. If by some mere stroke of luck (what
> are the odds today? 1:60 million?) an NCP wins a lottery, his ex is allowed
> to take him back to court for an increase in CS? Being jealous of someone
> else's good (or bad, in the case of inheritance due to death of a loved
> one) fortunes should not constitute taking a piece of it due to greed. And
> sure, there are exceptions, as there are always exceptions.
I agreed to a slightly higher initial monthly rate on condition that
there be no further upward adjustments. I figure, she got out of the
marriage when I was making $35,000 in Colorado. What I make, and where I
make it, is a function of my choices and consequences. The cost of
living in New Jersy is double that of Colorado Springs. Is she really
entitled to double the income?
Rex.
From rballard@cnj.digex.net Tue Nov 8 06:17:05 1994
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