Net Resources and Child Support in Texas – The Executive Pay Catch 22
The highest paid executive earned more than $101 million in 2011 according to Forbes Magazine but his salary was only around $1 million. If this executive was ordered to pay child support in Texas, he would not be able to avoid child support on his entire income just because his salary is only $1 million. […]
Child Support Caps for the Wealthy – UPDATED
For those who’s net monthly resources are $8,550 or more, you may be able to enjoy a cap on child support. The term “net resources” is a complicated legal term that generally amounts to all resources less certain deductions such as federal taxes and social security but not 401(k) contributions. There are of course various […]