One Million Per Month for Child Support ?
When it comes to divorce settlements, a good family lawyer knows that child support can be a huge factor in the divorce agreement. Recently, the estranged wife of billionaire Ken Griffin asked a court to grant one million dollars per month for child support for their 3 children, ages 2, 4 and 7.
Dias Griffin is basing her request on an Illinois law what says children of divorce “are entitled to continue the lifestyle they enjoyed during the marriage.” According to her budget, the money is necessary. She plans to spend $14,000 on food for the 3 children, $160,000 on monthly vacations, and don’t forget the thank you notes that will be sent on $2,000 per month in stationery.
Mrs. Griffin has also asked the judge in the case to nullify her pre-nuptial agreement that Mr. Griffin had her sign the day before their 2003 wedding. She reported to the court that it was signed under duress and only gives her 1% of his estimated net worth. That 1% happens to be $50 million dollars.
In our family law practice, we try to help our clients get the necessary support to continue to keep their children in the same standard of living they were used to during the divorce. Although there is no standard amount for child support, our partner, Jeff Cleghorn, gives a brief overview about how child support is calculated in the state of Georgia. If you want to discuss your child support needs, please give us a call today!