Blake Griffin ordered to pay $258K PER MONTH in child support

[Reece]

I wonder...

Does this count as earned income for the kids?

Cause she could EASILY set them up for life if she opened an IRA for each one and put the money in there.

You know her ass aint giving them lil caclettes nothing

She spending all that shyt

She gonna probably end up with more money than Matt Leinart when its all said and done

 

[calh45]

The coli called him a suspected fakkit cause he did that

You know how these weirdos operate on here. One second they calling someone a c00n because they dating a white girl and in the next thread they talk about how much they love pawgs. I don't give a fukk if Ronaldo is or ain't gay. All I know is he ain't on the hook for 55 million like Blake is.

Blake should get actual lawyers and fight this shyt all the way to the surpreme court. That's an unreasonable amount to be giving away.

 

[MollyGalaga]

At least i dont have these problems shyt

 

[e001]

 

[MITS]

Time to get that bytch Kendall pregnant so he can collect child support when his nba money is gone

 

[Dog Based Gremlin]

Fck this half oklahoma cac

His momma ugly

So

His baby momma ugy

 

[Listen]

Apparently they both said the amount is false now:

Yahoo is now part of Oath

“The recent reports of the financial details of the child support agreement between Blake Griffin and Brynn Cameron are inaccurate,” Griffin and Cameron said in a joint statement to PEOPLE on Thursday.

 

[Curtis Nightfish]

who in their right mind is spending 3 mil a year on raising kids.

It ain't about raising a kid it's about what the daddy makes. I ain't know the details and I don't give a fukk but this the shyt that happens to males for decades.. It's called a percentage nikkas

 

[panopticon]

I wonder...

Does this count as earned income for the kids?

Cause she could EASILY set them up for life if she opened an IRA for each one and put the money in there.

Nah. Child support is paid to the parent, not the children. It also isn't taxable income for the recipient - so whatever Blake is paying her each month is exactly what she gets.

But she can do one better for the kids.

2018 tax code made it so that parent can gift each of their children up to $15,000 per year, tax-free.

Gifts from parents up to that $15,000 limit aren't counted as taxable income for the children.

However, any investment gains associated with that money is taxable (capital gains). Because that $15K isn't taxed upon receipt by the children, it isn't eligible to be put in an IRA (the max amount you can put into an IRA if you're under age 50 is $5,500 per year of taxable income).

Still, you don't pay capital gains until you sell whatever you've bought.

So in the time between purchasing the asset and selling it, the returns are compounding tax-free.

Imagine $15K / year for life, tax-free, compounding at even just 5%. At age 65, those kids will have over $7.5 million in the bank before capital gains tax. After long-term capital gains tax, it gets chopped down by 15% or 20% depending on their income at the time.

Lots of companies are now doing stock buybacks rather than dividend distributions because of the tax efficiency. The value impact is the same (there's now less shares outstanding for the company, making each share worth more), but buybacks don't trigger capital gains taxes the way dividends do.

They'd be smart to sell the assets when they stop working & retire. That way, they pay 0% capital gains tax (the 2018 tax code makes it so capital gains tax is variable based on your taxable income, and if you are married filing jointly you pay 0% long-term capital gains with an income below $77,220)

Doing those simple things means they walk away with over $7.5 million never having paid a penny in taxes

Shyt is bananas

 

[JordanWearinThe45]

I’d put $100k on her kufi No way in fukkin hell im giving that much of my hard earned money away. What kid needs $250k a month? fukk that.

 

[CSquare43]

Doesn't she get leinhart money too?

She gon be a multimillionaire and ppl will say "What do you do for a living?"

"Oh I had a few kids"



That privilege

"I own a consulting firm"

"...I'm a personal trainer..."

 

[backbreaker65]

Whatever you do, don't do a Warren Sapp and agree to dumb shyt like this, and in this case he's at the complete mercy of the Woman. The judge isn't going to change this binding agreement.

one of Sapp’s biggest stumbling blocks may be with Angela Sanders. Back in the day, she and Warren hammered out an agreement that called for $2500 every month, regardless of changes in income. The thinking was that by accepting a lower figure initially, she and her child would be protected even after Sapp retired from the NFL, and the lineman would be protected if he signed a new gigantic contract. With the bankruptcy filing, however, he’s now seeking to violate the original agreement and pay her even less.



Bankrupt Former NFL Star Warren Sapp Wants Change In Child Support Payments

 

[gtj1982]

This chicks make up game and push up game must be something serious because I dont get why these dudes lusting after her based on the pics.


For all we know she date raping these athletes.




There needs to be an investigation

 

[tjax03]

A child through college would not need any more than 800k for the lifetime.

So how in the hell is this legal? 55mill plus over 18 years makes zero sense

 

[Dushane Hill]

Disgraceful.