Going Broke on a Million a Year
It is a lament divorce judges frequently hear. Since alimony and child support are based on income, you can’t blame the judges for being somewhat cynical. It is a law of the Universe. Income decreases in the year of divorce.
But what if you make a million dollars a year? Carol Rose, estranged spouse of former baseball star, Pete Rose, says that Pete makes at least $100,000 a month signing autographs and making personal appearances. However, according to Carol, he has spent most of it on high stakes gambling and still owes significant amounts to the casinos and the IRS.
Carol is asking the court to compel Pete to reveal the full details of his finances in their divorce.