Hello, this is Attorney Seo Yuri. π
One of the biggest concerns in divorce proceedings is the uncertainty of whether you will receive 'future child support' on time. Today, I would like to introduce a successful settlement case where we secured a lump sum of a total of β©211 million in child support for three children through the transfer of stock shares! π©β
1. Case Overview π
The applicant (wife) and the respondent (husband) had agreed to a divorce and needed to settle the parental rights and custody of their three children. The applicant wanted to establish a stable financial foundation for the children and hoped to secure definite assets instead of the hassle of claiming monthly child support.
2. Attorney's Assistance and Settlement Result π€
As the applicant's representative, I led to a groundbreaking agreement after persistent negotiations with the other party, in which the entire amount of future child support was paid in a lump sum through the transfer of business shares, not cash.
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Child Support Lump Sum Substitute: We calculated the total child support amount of β©211,000,000 until the three children reach adulthood and agreed to substitute it with the transfer of 100% of the shares of Corporation A and 40% of the shares of Corporation B.
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Termination of Disputes: We clearly stated that no additional child support claims would be made in the future, neatly settling the relationship.
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Waiver of Pension Division: We simplified the complex property relationship by agreeing not to claim rights to each other's pensions and to receive them separately.
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Guarantee of Visitation Rights: We agreed to allow free visitation, respecting the children's opinions.
3. Key Points of This Case π‘
Child support paid monthly always carries the risk of non-payment depending on the other party's financial situation. However, as in this case, by receiving the transfer of shares with definite value, the applicant was able to eliminate future uncertainties and secure a solid source of funds for her children at once. π°β
Life after divorce begins with economic independence. We will work with you to find the most effective solutions for your rights and interests. Please feel free to contact us if you need help! π