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Pastimes : Divorce financial concerns -- Ignore unavailable to you. Want to Upgrade?

To: Joe Dane who wrote (1)	2/14/1999 11:50:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 6

I believe the formula is the same regardless of the source of income, Joe. Sorry. This formula stuff was worked out back when the uniform child code thingy kicked in back in summer of '82. There's always a place on that worksheet to put down everything imaginable that is either monthly income or potential income such as a sub-s. Best to come clean now, and not get a track record of looking like a piker to the judge, let alone your kids. Believe me, she'll tell them all about you and you won't get to tell your side until they are about 22 and can listen with 1/2 of a grown-up's mind! If you list it in a plain vanilla, matter of fact fashion, and put a fiscal or calendar year end date of the corp in the "amount" column, that should do the trick. The presiding judge, (it's usually the same one that granted the divorce in the first place, and this will all take place in chambers while you and the ex are milling around in the hall) will look at that entry, ask for particulars from your lawyer who will then explain it. He/She'll learn that you haven't had anything distributed or particularly increase, and most likely not goose your child-support % based solely on the sub-s. If you don't list it, and SHE reports your "new found fortune," then you'll end up setting a precedent for something you don't want to have on your record, and that is being a divorced stinker. Besides, if you are adjusting after just two years, my guess is your ex keeps pretty close tabs on you, thanks to the IRS enforcement angle courtesy of your social security check. Intermediate term, your best hope is that Y2K will foul up everything so bad at the courthouse, the lawyers, let alone the family sub-s, that you will not have this to even worry about next year, let alone another "adjustment session" 2 years from now! You'll be too busy worrying about whether or not your kids are even eating or where they are sleeping!!! Honesty is always the best policy. Trust me on that!!! O/49r