Saturday, June 21, 2008

Mc Grady ordered to pay $54,000 in child support



Basketball star Tracy McGrady of the Houston Rockets must pay a Bradenton woman $54,156 a year in child support for their daughter, plus insurance and tuition, a Sarasota County circuit judge ruled. The amount is far less than the $204,000 a year that Pearl Vega, 36, had argued would be more in line with McGrady's $21.6 million annual income and give their child a lifestyle more equal to that of McGrady's other children.
Women seem to think that since they had a baby by a star it intitles them to the stars money claiming that the child should live as the star lives. This is just simple logic that must be considered that if the child lives at a certain life style so must the parent! The Circuit Judge Donna Berlin ruled that Vega had overstated the child's needs and has "used child support to enhance her personal lifestyle and that of her other two children." "It is inappropriate for Ms. Vega to use child support as a means to further her education when she chooses to attend college as a full-time student and expect Mr. McGrady to pay for tuition, a full-time nanny and other domestic help," Berlin wrote in the decision. Now this makes sense, although a large majority of child support judges don't follow this thinking. Maybe a book should be written for judges called "Decision making For Dummies involving Child Support issues"
Vega's attorney immediately filed a notice the mother would appeal. At a trial, she highlighted exactly what it means to be the child of an NBA star: McGrady shares a six-bedroom, 23,000-square-foot house with a pool outside Houston with his wife and three children. He spends $5,000 per month on a chef and $1,732 for a housekeeper. One of the children had a $16,000 birthday party for about 40 children, with a magician, clown, face painter, games and music. McGrady and his family spend about $45,000 per month for personal travel, sometimes on private jets. The children went on trips to New York, to North Carolina a dozen times -- to Florida about the same number -- and to Atlanta, California, the Turks and Caicos Islands, the Bahamas, Mexico, the Virgin Islands and Rio de Janeiro. They stay at Ritz-Carltons, have private preschool and tutors, and get thousands of dollars' worth of clothes a month.
So he spends $45,000 a month with his family, this is a train wreck waiting to happen if he does not invest his money wisely... Some people call a train wreck (bankruptcy)...

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