Different countries, different laws, different circumstances but the idea of a lump sum for child support sounds unusual. We're talking nearly two decades in your case. Make sure to really think this over. Could you effectively manage the lump sum over that timespan, or would a sum at regular increments spreading out the income be more helpful?
Yes, it is one to consider. If I understood it correctly, there is also the choice of getting the lump sum paid yearly or bi-annually, which I think could be useful if I need to pay for tuitions, school fees or any big ticket items annually.
Boy, it’s been so long now, I can’t remember exactly what I wrote on those cards. Just little bits of wise advice related to my situation. Just a sentence or a phrase.
Maybe for you, something like “This will pass and things will get better”, or “ My babies and I will create a bright future” or “Breathe. Let it roll off of you”
Thanks, Kml. It sounds like it might be practical enough to be helpful.
Originally Posted by kml
A lump sum to cover child support? I haven’t heard of that before - but that might be good in your case. I don’t know how it would affect your government support if you had that big a lump sum.
I think H will still be liable to pay child support, and depending the assessment, lump sum payments are credited at the end of the financial year against the liability. It may be useful considering the flakiness of H, but I need to look into more real life examples of this to decide. In any case, it's good to know there are options to approach this.
Last edited by job; 05/17/2204:48 PM. Reason: added link to new thread
Sit quietly, the answers will reveal themselves when you least expect them to. The past is gone, the present is a gift and you need to focus on today, allow the future to reveal itself when it is ready.