Lump sum of child support??

[nextwife]

I keep hoping to find that "art behind the art", but all I ever get is Dogs Playing Poker.

It is true that there are lots of good investments out there (especially when you have a large sum to play with), but "savings accounts" is NOT one of them. No bank will ever make money for you. Their job is to use your money to lend to others so THEY make money. The trick, as I said before, is not just to make the money....but to also keep it. Tax implications are always paramount. In fact, taxes are second only to (poor) risk in reducing wealth.

Parking it all in a savings account is NOT agood idea. A trust might also be a good idea for a portion of the funds.

 

[damnclassybroad]

On Az we have a clearing house the NCP sends the money to the clearing house which then distributes it to the CP. If you have anything similiar you may want to contact them about depositing the $ with them and have them dole it out monthly. I guess it would depend on the age s of the kids. The clearing house may not have to notify her and that way you do not have to deal with it.

 

[nextwife]

I just DON"T believe prepaying any CS is a good idea. Mom appears to be fiscally irresponsible, after all, she is living with her parents and ON WELFARE, even with getting CS. It is beyond me why anyone still living at home should need to be on welfare, and what is keeping her from working.

Personall;y, I'd invest wisely and broadly and have the necessary EARNINGS paid to CSE. You can designate where distributions are sent on a given account.

 

[oppsworld]

Her thought is this...... I can live for free, get child support, and welfare so why work??? I have contacted the state about this, mainly because we don't want to have to pay it back (to the state). She enrolled in school (that is online) so even if she never graduates the state will continue to give her welfare. She has gotten the state figured out. She is supposed to be getting married next week, her fiance doesn't even have a job. They plan on living with her parents until they both find jobs( how would that be) So not only do we take care of the kids we also get to take care of her fiance and his daughter. The state doesn't look at what her parents bring in, only what the ex does. We haven't sold anything illegal, I honestly didn't think it would matter how we got the money. We sold our patent, and we will get "royalties" (they don't use that term anymore). We have asked if we can just have the kids, and her response was " Only if you continue to pay me every month" So that is our next offer to her. What do you think??? Thanks to everyone for your help!!

 

[dallas702]

Gracie brings up a good point. If CP is getting welfare based on the children NCP will be responsible for paying back half of that....even if she is living with her parents.

Oppsworld;

If you really care about these children I would suggest fighting for full custody. It sounds like CP is a poor example that the children will learn to follow. If you can handle the extra duties (I think you said you also have children in your home) the court may look very favorably on changing custody for the "best interest" of the kids. This may be God's way of giving you the opportunity to really make a difference in some young lives----a difference that money alone cannot make.


...and I still advise establishing your own NVCorp. asap.

 

[oppsworld]

She said we can have them if we continue to pay her every month. It wouldn't be any kind of a fight. To us it would be worth paying her so the kids can have a good and stable home life. We are still looking into it though. Thanks! . I can handle it, I have been dealing with the ex. The kids are a walk in the park.

 

[dallas702]

I think you should go for custody. It would be a "rescue". If this woman wants you to pay her to get the kids, she shouldn't be anywhere near them. I can't imagine any judge standing for that kind of arrangement, but I'm sure she wants it all "under the table". You can tell her anything right now, but sending her money every month so she can lay around is way beyond your responsibility...legally or morally.

 

[oppsworld]

In my state, the likely hood of us getting them is slim to none. Thats why we would be willing to pay her to have them. She is very good at playing the poor me thing. Thanks for all the advice.

 

[mom6399]

So, if you now have more money than you will ever spend, why not fight for custody of the kids? A good lawyer can get you just about anything you want, especially if she cannot afford one. I fought for custody in a state that is known for joint custody and won. That is not an excuse. Sounds like the kids will be better off with dad. Fight for it.

 

[dallas702]

I'm not suggesting she shouldn't have some visitation rights, but I wouldn't care if her grandad was Gordon Hinckley. I'd still try to get primary custody so you can make better decisions for the kids.

 

[legalcuriosity]

In my state, the likely hood of us getting them is slim to none. Thats why we would be willing to pay her to have them. She is very good at playing the poor me thing. Thanks for all the advice.

Oppsworld, your first sentence is a crock of crap (with all due respect)! What makes YOU think that YOUR chances are "slim to none"? Don't buy that steaming pile of crap for one more second!

The CP's living situation should already put the ball in your park. She is clearly unable to support the children. SHE can't put a roof over their heads (her parents do). SHE doesn't work. The kids are relied upon the government and you to support them.

Your rights to be a parent are protected by FEDERAL LAW and the US Constitution. Let me direct you to the 14th Amendment. Under law, the better parent is to have custody of their child(ren). Courts have ruled on this. Whatever state law there is that attempts to undermine your legal right to be a parent should be challenged.

It sounds, without a reason of a doubt, that you are able to support your children and give them the stability they deserve and need. There is absolutely no reason why you shoudn't be able to get custody of those kids!

 

[oppsworld]

Thanks everyone. We were told by a handful of attornies that it would be slim to none on getting the kids. All of them had said the same thing, that if we don't have video of her doing some of the things that we claim are happening then it's alot of he said she said. She is using the "I live with my parents so that I can go to school and save some money so that when I graduate we can move out". She also has a problem with trying to get meds from the Dr. and even going so far as to steal them (and was caught!). We have a letter from a Dr that caught her, and were told that, that wouldn't help out much. Mybe we need some better attornies here in Utah. The kids arent allowed to call us, (and especially talk to me) unless she can listen in or have us on speaker. She uses the kids for her lies, and has them lie for her telling them if they don't she will go to jail and they will got to foster care. We are gathering all the information we can, thats why I came here. Thanks again for all the great advice.

 

[nextwife]

Gracie brings up a good point. If CP is getting welfare based on the children NCP will be responsible for paying back half of that....even if she is living with her parents.

I honestly DON'T understand, when a NCP IS paying CS to pay their share of supporting a child, WHY they, rather than the CP who is CHOOSING TO NOT WORK, and therefore needs welfare, should have to pay back the state for the cost of the CPs support of themself!

 

[dallas702]

Well, you are on the right track. Documentation is the key. Keep a daily journal. Try to have witnesses to conversations. Get affidavits from those who have also seen the problems first hand. No hearsay...firsthand. The fact that she'd be willing to part with them for money is a big step. Personally, I'd work out the deal, get the kids, and then tell her to pound sand. No judge is going to uphold a "contract" for basically selling her kids away. Then, you make sure she has only SUPERVISED visitation. Not supervised by her parents...by the child services folks. She sonds like a runner to me, though I don't know how she'd get by without $$$.

Do you have a court ordered visitation schedule? Is she in compliance?

 

[dallas702]

Nextwife;

Because NCP is still a parent to the children, and that's the way the state sees things. If ex is getting $$ based on her own inability to work...without consideration of the children...NCP isn't responsible. But, when ex uses the kids to get all those taxpayer supported bennies the state still considers NCP half responsible.