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Charlie Sheen's debt load attributed to child support payment

Many in Florida might have the mistaken belief that the lives of the rich and famous are high-spirited and free from financial stress. This is not always the case. Many stars, apparently including Charlie Sheen, face significant financial obligations. In the case of Sheen, the problem appears to be child support

Sheen's financial worth is said to total approximately $150 million. However, the $55,000 per month child support payment he makes to the mother of his 6-year-old son has apparently added to his alleged $12 million debt. Those in similar situations have typically seek legal assistance to ensure that the amount being paid is fair or to seek modification of an existing court order, especially in cases where a substantial change in income has occurred.

Sheen has stated that in addition to his monthly child support payments, he is also financially responsible for any medical expenses not covered by health insurance. This apparently costs him approximately $25,000 per month. Other parents facing similar financial strain due to child support issues may want to explore their options through consultation with an experienced family law attorney.

A Florida attorney can clarify state law and offer recommendations as to the best course of action to take to achieve a favorable outcome regarding child support issues. The court will typically consider the respective incomes of the parties as well as the age and financial needs of any children affected when ruling on a request for modification of an existing child support order. Understandably, each situation is unique, and an experienced attorney would be able to help one overcome any legal obstacles that may arise.

Source: The Huffington Post, "10 Famous Celebrities Who Have Major Debt", Andrew DePietro, April 8, 2016

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