West Headnote of the Day – May 4, 2010

May 4, 2010

West's Key 76E Child Support
West's Key 76EIII Factors Considered
West's Key 76EIII(B) Factors Relating to Custodians and Obligors
West's Key 76Ek85 k. Assets, Investments, and Holdings.

76E Child SupportWhile to some degree children have right to share in each parent’s standard of living, child support must be set in amount which is reasonably and rationally related to realistic needs of children; that is, no child, no matter how wealthy the parents, needs to be provided more than three ponies, and this is referred to as the “three pony rule.”
Downing v. Downing, 45 S.W.3d 449 (Ky. Ct. App. 2001)