Does the mom have to actually use the money to support the kids?
After all, the amounts of support ordered pursuant to the chart can seem well in excess of the cost of the
children's needs, and we all can picture situations in which, although the kids aren't starving or
neglected, mom also has a nice new wardrobe courtesy of the support money. In general, courts presume
that the party receiving child support spends the money to support the children, and the burden is on you
to prove otherwise. Because just about everyone paying support complains of paying "too much," judges
have a tendency to take a cynical view of parties coming into court with this kind of an issue.
Further, it is difficult to prove that expenditures do not benefit the children. For instance, if mom buys a
nice new house and uses some support money for it, that would benefit the kids even if it benefits mom
more. As a result, it takes fairly direct evidence to get the party receiving support in trouble for not using
it properly. Some states have statutes that can require the recipient of support to provide the payor with
an accounting of where the support money went; it is difficult, however, to convince a judge to actually
make this happen.
What is a High Net Worth Divorce? By J. Turner Thornton , Partner, Varghese Summersett, Divorced Girl Smiling Trusted Professional What is a high net worth divorce?A high net worth divorce case is one in which the divorcing couple has significant assets, property, and income to divide. These cases often involve complex property division and alimony arrangements. Generally, this means at least a million dollars in assets that need to be divided. Divorce can be especially complex for high net worth individuals, requiring in-depth negotiations and property division arrangements. In such cases where significant assets are at stake, it’s essential to consider the possibility of hidden or undisclosed funds by either party. This is often a difficult task as cash is notoriously hard to trace. When marriage hits the rocks, some people may try to get creative or even go to extreme lengths to protect their financial well-being. Here are some ways people try to hide mo...
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