Tag: Bread-Winner Issues

Divorce issues that Bread-Winners face

Child-Support: Paying Your Fair-Share Or Funding Your Ex-Spouse’s Spending Spree?

2012-05-09_14-05-44_130Michael looked at me with a stunned glare. I re-ran the child support calculations again. After some (but not all) of his taxes were considered, the calculator showed the same number, 25% of his income for child support. “I knew I was going to pay; I just didn’t know it was going to be that much!”

Primary bread-winners repeat after me: you agreed to pay the bills during the marriage and you are stuck paying after the divorce.

Many times, the amount isn’t unfair, but rather the fact that you are forced to pay an ex-spouse (who probably gave you some emotional scars). And, on top of that, you have no ability to control how that money is spent (or if that money is even spent on the child — or her endless shoe collection).  Continue reading “Child-Support: Paying Your Fair-Share Or Funding Your Ex-Spouse’s Spending Spree?” →

Dear Men: Divorce Guilt Can Break Your Bank

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Andy was desperate: he owed more than half a million dollars in back child support and alimony and his ex-wife was seeking enforcement, including a violation for failure to pay, which would land him in jail for up to six months. They had been divorced for about ten years and at the time, he agreed to pay through the nose.

“I felt bad,” he explained. “I was the one leaving the marriage and at the time I was doing really well at work.” His guilt and a rushed desire to settle landed him with high payments and no assets (he gave her the house too). His payments became untenable when the economy soured and his job was cut.

This isn’t the only case where I’ve encountered this type of divorce guilt that can plague the male primary income earner — particularly when he’s the one seeking the divorce. Continue reading “Dear Men: Divorce Guilt Can Break Your Bank” →