will a prenuptial keep me from paying his child support??

[nextwife]

If she'd smart, she'll keep him totally OUT of the business, other than he accompanying her to trade shows, dinners with clients,etc.

 

[ceara19]

If she'd smart, she'll keep him totally OUT of the business, other than he accompanying her to trade shows, dinners with clients,etc.

"Smart" and "love" don't usually travel hand in hand. If he was going to have absolutely no part in the business at all, there would be no reason for her to delay launching the business until AFTER the wedding. She can't use his name, money or credit rating to start the business and then claim that he has no ties to it. To even ATTEMPT to do so could cause him serious problems if the mother takes him back to court for a child support modification. "Hiding" income to avoid child support is taken very seriously by the court.

 

[LdiJ]

"Smart" and "love" don't usually travel hand in hand. If he was going to have absolutely no part in the business at all, there would be no reason for her to delay launching the business until AFTER the wedding. She can't use his name, money or credit rating to start the business and then claim that he has no ties to it. To even ATTEMPT to do so could cause him serious problems if the mother takes him back to court for a child support modification. "Hiding" income to avoid child support is taken very seriously by the court.

She might not be doing all of that....she might simply be taking advantage of the fact that her husband can pay the basic living expenses of the household while she attempts to get her business going. That isn't at all unusual....nor does that mean that her income counts towards his child support.

 

[nextwife]

She might not be doing all of that....she might simply be taking advantage of the fact that her husband can pay the basic living expenses of the household while she attempts to get her business going. That isn't at all unusual....nor does that mean that her income counts towards his child support.

Agreed. Heaqlth insurance alone is a reason many delay starting their own business. Many cannot afford their own health insurance if self emp[loyed unless they can piggyback a spouses coverage.

 

[nextwife]

She might not be doing all of that....she might simply be taking advantage of the fact that her husband can pay the basic living expenses of the household while she attempts to get her business going. That isn't at all unusual....nor does that mean that her income counts towards his child support.

Agreed. Health insurance alone is a reason many delay starting their own business. Many cannot afford their own health insurance if self employed - unless they can piggyback a spouses coverage.

 

[stealth2]

nor does that mean that her income counts towards his child support.

True. But if he derives ANY income from the business, that WILL count towards child support.

 

[nextwife]

True. But if he derives ANY income from the business, that WILL count towards child support.

Some upstart businesses utilize forms of deferred compensation, to reduce their initial operating expenses. Back in the 60s, for example, my dad deferred some of the commissions he earned (left them for the company to use instead of being paid those) toward a share of the company he worked for.

I, for example, have taken a share of my husband's company in exchange for doing his IT, bookeeping and wordprocessing work, rather than take a salary out of his new company.