Hi Forum,
I have situation with my Separation Agreement and S7 Expense Ratio.
Currently I pay 60% and my ex pays 40%, all agreed in our separation agreement. We've been separated for 5 years now and my base salary has increased by about 20% since then. My ex's income has not changed.
In our separation agreement, it says that we adjust the S7 expense ratio if either parties base salary income changes by 25%. I'm still under the threshold, but she is claiming that I increase my ratio even though I'm not over 25%.
My ex has filed a case against me, (this is one of the issues.) She is demanding an increase and wants to claim costs against me.
What are the chances of my separation agreement holding up?
If I agree to increase my ratio even though it's outside of our agreement, am I still responsible for her costs?
The amount is not material, but the way they are going about it makes me want to hold out.
thank you.
I have situation with my Separation Agreement and S7 Expense Ratio.
Currently I pay 60% and my ex pays 40%, all agreed in our separation agreement. We've been separated for 5 years now and my base salary has increased by about 20% since then. My ex's income has not changed.
In our separation agreement, it says that we adjust the S7 expense ratio if either parties base salary income changes by 25%. I'm still under the threshold, but she is claiming that I increase my ratio even though I'm not over 25%.
My ex has filed a case against me, (this is one of the issues.) She is demanding an increase and wants to claim costs against me.
What are the chances of my separation agreement holding up?
If I agree to increase my ratio even though it's outside of our agreement, am I still responsible for her costs?
The amount is not material, but the way they are going about it makes me want to hold out.
thank you.
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