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Sarah, based on our conversation below is a perhaps too lengthy explanation for an interim plan. Let us know what you think. I am copying Hunter on this as well so that he can review simultaneously. I leave it to you to wordsmith as well.
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Hunter receives a monthly fee from Burisma of $83,333.33 paid to Owasco. From that he receives a $70,000 salary with the net pay being $43,344.96. ($13,333 is reserved for Owasco, P.C. related business expenses.)

There is approximately $25,000 in monthly autopays that withdraw from the USAA (this does not include credit card payments or other outstanding family bills, mostly medical related). That leaves $18,344.96 for discretionary spending.

Hunter also receives a salary of $13,078.37 from Boies Schiller to a joint Wells Fargo account. Of that, approximate $9,037 is used to pay Sidwell tuition, Pepco and contribute to Maisy/Finnegan's 529. The remaining $4,041 has been used to pay outstanding family bills each month (see above) or cover shortfalls in the USAA account.

This brings the amount remaining for discretionary spending after Owasco, P.C. and Boies salary payments to approximately $22,300.

Please note that the withholding amounts on Hunter’s salary paid by Owasco, P.C. and Boies Schiller will go up on January 1st because the current numbers reflect the fact that he has hit the cap on FICA taxes. Hunter sees slightly less in after tax compensation in the first couple of months of any years before he hits the cap so the $22,300 number will decrease in January.

Given that there are a lot of outstanding bills that need to be paid - e.g., there are a couple of mortgage payments that have bounced in the past couple of months, doctor’s bills, back taxes, etc., going forward Kathleen will receive $10,000 a month and Hunter receive $5,000 a month out of the approximately $22,300 remaining.

Once Hunter salary is paid by Owasco (usually around the 15th depending when the Burisma payment is made), $10,000 will be paid to Kathleen’s Wells Fargo Bank Account. The remainder of the money $32,300 ($7,300 plus $25,000 for autopays) will be put in the joint USAA “autopay” account and will only be used to pay joint bills. Neither party should access that account except to pay mutually agreed on joint household bills.

Out of the $10,000 Kathleen receives each month, she will be responsible for paying:

Groceries, personal entertainment, family travel, personal medical expenses, etc.

The autopay account will be used to pay for the housekeeper, and all other expenses listed below. Legal retainers will be paid by XXXXX.

In addition, to the Boies and Burisma payments, Hunter also receives approximately $60,000 a month of additional revenue into Owasco, P.C. This income is less reliable and certain. After Owasco, P.C. takes care of additional business expenses Owasco, P.C. has paid Hunter a bonus payment from the remainder. This also fluctuates. Should Hunter receive a bonus payment any money that remains from that bonus payment after paying bills and debts will be split equally between Hunter and Kathleen.

Monthly Autopays

AUTO PAYS AMOUNT
Mortgage- DC $7,349.00
Mortgage- Lakehouse $3,463.00
Chubb (Mercedes) $295.50
Chubb (Home) $377.00
Life insurance $2,998.00
M&T boat loan payment $419.00
DC Water $198.00
Lourdes $966.00
NIPSCO $200.00
Mercedes $845.98
AT&T $1,000.00
BB&T $1,650.00
Comcast (Lakehouse) $260.00
AT&T (JRB) $190.02
Washington Gas $175.00
AES Student Loan $348.66
Chubb (Vehicle-Suburban) $101.92
Long Beach Water $78.00
Truck $764.94
Audi $668.73
Lourdes $966
Comcast (DC) $300
WashingtonFirst Bank (HELOC) $400.00
Naomi ($150/weekly) $600.00
TOTAL $24,614.75


Eric D. Schwerin
Rosemont Seneca Advisors, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
P Consider the environment before printing this email.


Eric D. Schwerin
Rosemont Seneca Advisors, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com>
P Consider the environment before printing this email.