Wisconsin parents who pay child support may be ordered to pay more when they take home a significant amount of income. However, parents may seek a reduction in the child support award if their income is reduced. Such was the case for one famous woman’s father who recently had the amount of the child support that he had to pay modified after seeing a significant drop in his income.
Mathew Knowles, father of the legendary diva Beyonce Knowles, sought a reduction in his child support payments after his income was drastically reduced. A hearing commenced earlier this year. Since the majority of his income came from managing his daughter’s career, Knowles was not able to pay the court-ordered amount after being fired in 2011.
The child support was ordered after an actress named Knowles in a paternity case. Knowles was still married at the time that he fathered the child. Beyonce’s mother filed for divorce about one month after her husband was named in the paternity case in 2009. The couple was together for about 30 years when the divorce action was finalized. The father had been paying $12,000 a month in child support while working for his superstar daughter. The judge agreed with Knowles’ argument that he has since had a much lower income and ordered him to pay about $2,500 a month. The order is retroactive to February 2013. However, Knowles was required to pay the actress’s legal fees of about $15,000.
Individuals who are paying child support may decide to file for a modification if their income changes. Through such a course of action, they may be able to get the support amount reduced to match their income level.
Source: The Huffington Post, “Beyonce’s Father, Mathew Knowles, Granted Cut In Child Support”, March 05, 2014
