Update here:
We sat tonight with a 3rd party, reviewed equalization and agreed that it was generous but intend to respect agreement. Discussed background of CS and her undeclared income. Clarified that she earned equivalent to gross 20k annual value of undeclared working 3 days per week and that min wage is $30k. Settled on $25k to use as income for SA. Went to table, came up with $1700 per month. I explained that is not taxed as I’d already have paid the tax. Her friend (3rd party) was shocked it would be so much but it is what it is. She agreed then said, “ok now how about my alimony?” I explained there was nothing left to give and we decided to call it a night and plan another discussion.
I think to offer a lump sum that I can tack onto remortgage. Tayken’s suggestion of mid-range for 42 months is $42000. That (after tax deduction will definitely be my high-high end). Thoughts?
We sat tonight with a 3rd party, reviewed equalization and agreed that it was generous but intend to respect agreement. Discussed background of CS and her undeclared income. Clarified that she earned equivalent to gross 20k annual value of undeclared working 3 days per week and that min wage is $30k. Settled on $25k to use as income for SA. Went to table, came up with $1700 per month. I explained that is not taxed as I’d already have paid the tax. Her friend (3rd party) was shocked it would be so much but it is what it is. She agreed then said, “ok now how about my alimony?” I explained there was nothing left to give and we decided to call it a night and plan another discussion.
I think to offer a lump sum that I can tack onto remortgage. Tayken’s suggestion of mid-range for 42 months is $42000. That (after tax deduction will definitely be my high-high end). Thoughts?
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