hi, i'm going through a divorce
right now and we have a support order
in place. it's based on base salary and bonus. I also have a significant amount of stock in my company. we've agreed to the division of the stock in the company from an asset perspective. I'll get 440,000 shares and she'll get 70,000 shares. The stock were purchased during marriage
, while I was at the company. We just got an offer to sell the company which is private to a PE firm for 1.4 billion. I will make about 10,000,000 on the transaction in about 6 months, and Natalie will make about 2,000,000. These are gross numbers. My question is how is this treated for Child Support
and Spousal Support
purposes? We were married for 5.5 years and were separated December 11,2013
JA: Because family law
varies from place to place, can you tell me what state this is in?
JA: Have you talked to a lawyer yet?
Customer: Yes, but it remains very unclear, i'm not getting numbers or a range so I can mediate
JA: What advice did they give you?
Customer: he said you should pay some child support on this, based on the potential to make money off of this money, so say I make 4% off the 10,000,000 it would be looked as if I made 400k per year, and for her the same, around 90k per year for her. And this would be calculated as the difference in income for CS. He said if she works that would also increase her earnings, which she would be expected to do rather than continuing to collect child support. He said worst case is they will determine a marital standard of living and this will be the amount of spousal support I would have to pay, but he said she is going to have a difficult time with this one because her marital standard of living hasn't changed from the time we were separated. And that my standard of living now is irrelevant.
JA: Anything else you think the lawyer should know?
Customer: not that i can think of