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#1
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i pay support, what if i pass away? what happens to my family?
I am paid a salary of 50k a year.
I have arranged with my ex to pay her $1200 a month. We have two babies. That's the set arrangement. In the last 7 months I've sent her over $10k. It's still not the best- it's hard to work when you are the sole provider for 2 infants. I used to be all whiny about paying- that it was too high- that it was impossible. And it is. I work long hours. But my ex works longer hours. I think when we realize this is about the kids- and not the ex- things can become more clear- you can let go of resentment. Recently a friend's friend's ex.. passed away. And the guy was paying support. It brought to my mind a question.. What would be their situation if something were to happen to me? Would wellfare/fed support them? Fill in a gap? |
#2
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i pay support, what if i pass away? what happens to my family?
"harcrelc" wrote in Recently a friend's friend's ex.. passed away. And the guy was paying support. It brought to my mind a question.. What would be their situation if something were to happen to me? Would wellfare/fed support them? Fill in a gap? Duh, life insurance! |
#3
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i pay support, what if i pass away? what happens to my family?
"harcrelc" wrote in message news I am paid a salary of 50k a year. I have arranged with my ex to pay her $1200 a month. We have two babies. That's the set arrangement. In the last 7 months I've sent her over $10k. 1200 a month? And she puts forward her 1200 a month to the kids too right? 2400 a month for two kids. Wish I ws those kids, I'd be living large! |
#4
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i pay support, what if i pass away? what happens to my family?
"harcrelc" wrote I am paid a salary of 50k a year. I have arranged with my ex to pay her $1200 a month. We have two babies. That's the set arrangement. In the last 7 months I've sent her over $10k. It's still not the best- it's hard to work when you are the sole provider for 2 infants. I used to be all whiny about paying- that it was too high- that it was impossible. And it is. I work long hours. But my ex works longer hours. I think when we realize this is about the kids- and not the ex- things can become more clear- you can let go of resentment. Recently a friend's friend's ex.. passed away. And the guy was paying support. It brought to my mind a question.. What would be their situation if something were to happen to me? Would wellfare/fed support them? Fill in a gap? == Some states allow judges discretion to order life insurance to secure support. You could surely do this without a court order. BTW, that is a lot of support for a 50k salary. Still, it is refreshing to hear of parents who are able to put aside their emotions and focus on the kids' needs. My ex and I had no CS or custody orders because we found it unacceptable/odd to turn control of our kids over to the state. I still can't fathom that. Our kids are now mid/late 20s and my ex and I still communicate about whatever kid issues arise. |
#5
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i pay support, what if i pass away? what happens to my family?
They would draw social security death benefits. I doubt it would be $1200.00 a month. In all honesty, I can't fathom paying $1200.00 support for 2 children, we pay $570.00 for two children and make near what you do. If I was you, I would pay the amount the court has ordered and put the remainder in a savings account with their names on it and yours. It will be a nice nest egg for them when they start out in the world. |
#6
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i pay support, what if i pass away? what happens to my family?
"Laura" wrote in It will be a nice nest egg for them when they start out in the world. My parents provided a good home and great life, but a nest egg to move out with, not bloody likely. |
#7
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i pay support, what if i pass away? what happens to my family?
"DB" wrote in message t... "Laura" wrote in It will be a nice nest egg for them when they start out in the world. My parents provided a good home and great life, but a nest egg to move out with, not bloody likely. What ever happened to going out and work for it, otherwise known as earning a living? |
#8
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i pay support, what if i pass away? what happens to my family?
"Laura" wrote in message ... They would draw social security death benefits. I doubt it would be $1200.00 a month. In all honesty, I can't fathom paying $1200.00 support for 2 children, we pay $570.00 for two children and make near what you do. If I was you, I would pay the amount the court has ordered and put the remainder in a savings account with their names on it and yours. It will be a nice nest egg for them when they start out in the world. Not sure what "remainder" you are speaking of. He's already paying the mother an ungodly sum of cash sufficient to build such "nest egg". If the mother chooses to not put it away for her children, oh well............. |
#9
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i pay support, what if i pass away? what happens to my family?
On Apr 26, 3:30?pm, "Gini" wrote:
"harcrelc" wrote I am paid a salary of 50k a year. I have arranged with my ex to pay her $1200 a month. We have two babies. That's the set arrangement. In the last 7 months I've sent her over $10k. It's still not the best- it's hard to work when you are the sole provider for 2 infants. I used to be all whiny about paying- that it was too high- that it was impossible. And it is. I work long hours. But my ex works longer hours. I think when we realize this is about the kids- and not the ex- things can become more clear- you can let go of resentment. Recently a friend's friend's ex.. passed away. And the guy was paying support. It brought to my mind a question.. What would be their situation if something were to happen to me? Would wellfare/fed support them? Fill in a gap? == Some states allow judges discretion to order life insurance to secure support. You could surely do this without a court order. BTW, that is a lot of support for a 50k salary. Still, it is refreshing to hear of parents who are able to put aside their emotions and focus on the kids' needs. My ex and I had no CS or custody orders because we found it unacceptable/odd to turn control of our kids over to the state. I still can't fathom that. Our kids are now mid/late 20s and my ex and I still communicate about whatever kid issues arise.- Hide quoted text - - Show quoted text - I have to have a life insurance policy. It's court ordered. |
#10
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i pay support, what if i pass away? what happens to my family?
"Relayer" wrote in message ups.com... On Apr 26, 3:30?pm, "Gini" wrote: "harcrelc" wrote I am paid a salary of 50k a year. I have arranged with my ex to pay her $1200 a month. We have two babies. That's the set arrangement. In the last 7 months I've sent her over $10k. It's still not the best- it's hard to work when you are the sole provider for 2 infants. I used to be all whiny about paying- that it was too high- that it was impossible. And it is. I work long hours. But my ex works longer hours. I think when we realize this is about the kids- and not the ex- things can become more clear- you can let go of resentment. Recently a friend's friend's ex.. passed away. And the guy was paying support. It brought to my mind a question.. What would be their situation if something were to happen to me? Would wellfare/fed support them? Fill in a gap? == Some states allow judges discretion to order life insurance to secure support. You could surely do this without a court order. BTW, that is a lot of support for a 50k salary. Still, it is refreshing to hear of parents who are able to put aside their emotions and focus on the kids' needs. My ex and I had no CS or custody orders because we found it unacceptable/odd to turn control of our kids over to the state. I still can't fathom that. Our kids are now mid/late 20s and my ex and I still communicate about whatever kid issues arise.- Hide quoted text - - Show quoted text - I have to have a life insurance policy. It's court ordered. My state has a law allowing judges to order life insurance in divorce decrees to guarantee future payments when CS is ordered. The appeals court ruled the courts have no authority to tell a life insurance holder who they can designate as their beneficiaries. So the judges get around the appeals court ruling by giving the obligor the option of providing life insurance in the amount set by the court, or the court will reserve the right to create an irrevocable trust against assets in the event of the obligor's death. When you think about it, these types of court orders are designed to punish a father for remarrying. The children from a marriage are given preferential treatment over a subsequent wife. In essence, a subsequent wife has her claim to a fathers assets reduced by the amount of CS guarantee set by the court. |
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