If I was recently laid off from my job, can I start an LLC and pay myself the same exact amount that I was making without the state going up on my child support?
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If I was recently laid off from my job, can I start an LLC and pay myself the same exact amount that I was making without the state going up on my child support?
I want to start an LLC and pay myself the same exact amount or less. Will the state go up on my child support because of what the LLC makes? Not sure if what I’m asking make sense. I ran into a Lawyers assistant and he started to tell me that if I open up and LLC then whatever the LLC makes can’t get touched by child support. Only what the (my) LLC makes. Is this correct? Or do I have to put the LLC under someone elses name? Or is this even possible?
Asked on July 26, 2012 under Family Law, Texas
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
I am confused a bit here. Are you attempting to create a corporate entity to avoid paying child support on your true income? Although in theory your proposal would work a good lawyer ywould make an agrument to "pierce the corporate veil" and show the court that you are hiding assets to avoid paying more child support and that you actually have full control or benefit from the LLC income. I would speak with an actual attorney about the situation as a whole.
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