QUESTION
ex spouse received $248,000 one month after divorce finalized from his floating shares
Asked on Mar 08th, 2015 on Child Support - California
More details to this question:
I agreed to $5,000 in our divorce for floating shares ex spouse had with his company he was working for. 1 month after divorce finalized company was bought and he received $248,000 for his floating shares(he still works for company)This was May 2014. Should his child support have increased due to that large amount of money he received? i have 3 children under the age of 6 who are with me 70% of time. I receive $2,176 per month plus 30% of any work bonus for child support and $620 per month and 20% of any work bonus for spousal support. I am currently not working.
1 ANSWER
Family Law Attorney serving Suisun City, CA
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Law Offices of Russo & Prince
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You need to meet with a family law attorney in your area ASAP. You have waited a long time to deal with this issue and some options may no longer be available to you. You may have options not only for child and/or spousal support but also for setting aside this particular provision in the judgment due to breach of the fiduciary duty, non-disclosure, fraud, etc... based on the actual facts of your case. It will be impossible to determine that in this forum, so again, I really suggest you consult with an attorney.
Good luck to you.
Answered on Mar 09th, 2015 at 11:50 AM