View Full Version : Getting a large sum of money as a gift does it affect child support?
my childrens father has married and jsut a few months ago his in laws won 3.7 million and since then my ex and his wife have been splashing money around and ive been told they recieved $500,000 off the inlaws does that affect how much child support he has to pay me?
Turk EnJayDee
26-08-2011, 17:56
I'm pretty sure anything over $10,000 even as a gift gets taxed, so I would assume yes. $500,000 is a HUGE sum of money and it should make a difference to ur c.s payments.
Turk EnJayDee
26-08-2011, 17:57
Call the CSA to find out. Don't do it annonymously either. Haha
I wouldn't think so as it is a gift (not taxable) and not income.
Perhaps they where smart and only put it a bank account with her name.
I'm pretty sure anything over $10,000 even as a gift gets taxed, so I would assume yes. $500,000 is a HUGE sum of money and it should make a difference to ur c.s payments.
Lotto wins are not taxed.
Our parents have lent us large sums of money for our business and they haven't been taxed.
It depends if they report it as there is a question on your tax return and cl forms about both giving and receiving gifts of money.
Call the CSA to find out. Don't do it annonymously either. Haha
oh i wont be hahaha.Im going to ring them tomorrow,i wouldnt complain if he actually paid me what he is meant to.We made an arrangement a year ago with CSA that he has the kids 14% of the time therefor his payments reduced by $1800 a year when i agreed to that he said he would actually take the kids every second wkend and he would also pay half of the kids excursions etc he has not had them a whole wkend yet and refuses to pay half of things.I have tried to change it through child support but he wont answer his phone and i have no-one to do a stat dec for me because i have moved away and dont know anyone here.So he still gets away with not paying me what he is meant to and now he is wasting money all his step-kids get everything mine get nothing,his wife just spent $35,000 on surgery and they now have 3 cars and a motorbike.Yet i ring him and ask for half of the kids excursion money and he says he cant afford it.Im paying for everything and he thinks the money he gives me is enough.Its the only money i have asked him for this year.Grrrr sorry for the vent had to get it out.
Lillystar
26-08-2011, 21:00
I don't think that just because your ex's in laws won the lotto that would mean you would be getting more money in CS. It was her parents and what they give to their daughter as a gift has nothing to do with you or CS. Regardless of if they are married or not.
Your ex should support his kids, pay child support and spend money on them regardless. But nope, don't think your CS would or should increase if his in laws gifted them money they won.
babyspice
26-08-2011, 21:57
oh i wont be hahaha.Im going to ring them tomorrow,i wouldnt complain if he actually paid me what he is meant to.We made an arrangement a year ago with CSA that he has the kids 14% of the time therefor his payments reduced by $1800 a year when i agreed to that he said he would actually take the kids every second wkend and he would also pay half of the kids excursions etc he has not had them a whole wkend yet and refuses to pay half of things.I have tried to change it through child support but he wont answer his phone and i have no-one to do a stat dec for me because i have moved away and dont know anyone here.So he still gets away with not paying me what he is meant to and now he is wasting money all his step-kids get everything mine get nothing,his wife just spent $35,000 on surgery and they now have 3 cars and a motorbike.Yet i ring him and ask for half of the kids excursion money and he says he cant afford it.Im paying for everything and he thinks the money he gives me is enough.Its the only money i have asked him for this year.Grrrr sorry for the vent had to get it out.
have you considered switching to a public arrangement....?? and reporting him as not complying with the agreement?
MummysYellowCar
27-08-2011, 00:02
Doesn't matter what the $ sum is a gift isn't taxable but what they do with it MIGHT be- for example bank interest.
You can ask for change of assessment at CSA- one of the things they told me they use as evidence is a care diary ie you write down all the dates he was actually supposed to take the kids and then record the excuse he gave NOT to have them. Also if you're wanting them to collect arrears they can only go back 3 months. Bank statements are also good evidence showing what hes ACTUALLY paid.
have you considered switching to a public arrangement....?? and reporting him as not complying with the agreement?
we used to have our own agreement and he never paid on time or what he was supposed to so to make my life easier i went through CSA.
faroutbrusselsprout
28-08-2011, 13:14
I don't think that just because your ex's in laws won the lotto that would mean you would be getting more money in CS. It was her parents and what they give to their daughter as a gift has nothing to do with you or CS. Regardless of if they are married or not.
Your ex should support his kids, pay child support and spend money on them regardless. But nope, don't think your CS would or should increase if his in laws gifted them money they won.
I agree.
First of all, I'm so sorry he is being difficult. That must be so hard and SO frustrating.
We have a private arrangement with DH's ex in which we pay slightly more than CSA and it all works really well at the moment.
I can't imagine how hard that must be to see him splashing cash around while your children go without.
Perhaps if he was decent and paid you then the sting of them winning so much money wouldn't be as great.
That being said and at the risk of being shot down here if I was given a large sum of money from my parents, there is NO way in hell that DH's ex would see a cent of it!
I would be putting it into my own account and using it in a way I saw fit without it affecting our CSA income.
We would continue to pay DH's ex the amount we agreed too.
Crazyfamily
28-08-2011, 13:26
I agree.
First of all, I'm so sorry he is being difficult. That must be so hard and SO frustrating.
We have a private arrangement with DH's ex in which we pay slightly more than CSA and it all works really well at the moment.
I can't imagine how hard that must be to see him splashing cash around while your children go without.
Perhaps if he was decent and paid you then the sting of them winning so much money wouldn't be as great.
That being said and at the risk of being shot down here if I was given a large sum of money from my parents, there is NO way in hell that DH's ex would see a cent of it!
I would be putting it into my own account and using it in a way I saw fit without it affecting our CSA income.
We would continue to pay DH's ex the amount we agreed too.
this is how i feel also. and i am a reciever of cs and my partner also pays. i doubt it will be considered as im sure they would say it was a gift to his wife and her income isnt considered with child support so this probably wouldnt be either.
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