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Lily and Bob have quadruplets together under the age of 21. Bob will have custody of the children and Lily will pay child support. Bob
- Lily and Bob have quadruplets together under the age of 21. Bob will have custody of the children and Lily will pay child support. Bob is a retired teacher with an annual pension in the amount of $55,000 and presently works part time earning $13,000 and Lily is the primary financial support. Lily earns $225,000. Lily will also pay spousal maintenance to Bob. Run the calculations for both spousal maintenance and child support on all income (including income over the CSSA and the spousal maintenance cap). Estimate FICA and enter NYC and Yonkers tax.
- How much child support will be paid monthly by Lil to Bob (during the time period when Lily is paying both child support and maintenance)?
- How much maintenance will be paid from Lily to Bob (during the time period when Lily is paying both child support and maintenance)?
- How much will the spousal maintenance be increased to once the children are emancipated and Lily is solely paying spousal maintenance?
- How much would child support be increased to if maintenance terminated when the children were still under 21?
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