Tuesday, May 24, 2005

P. Diddy's Case

I never thought that I would say this, but I agree with P. Diddy on something. Sean "P. Diddy" Combs is one of the riches men in the entertainment industry. He is known to publicly show off his wealth and throw parties costing several million dollars. He is rich and he's enjoying the good life. But this good life comes with a price.

Combs has a song called "Mo Money Mo Problems" which is beginning to truly represent his life. The more money he has, the more people who were close to him are trying to take advantage of his wealth to the fullest of their ability. In the current case, his child support payments have ballooned from $5000 a month to $21,782 per month for one of his children.

While Combs may have over $300 million in personal wealth, the raise in his child support payments will not cause him to hold back from buying another bottle of Crystal when desired. I am not addressing this because it will affect his music, but because of ethical questions or right and wrong.

Misa Hylton-Brim, the mother of his child, feels that she needs more money to properly take care of their child. Combs considers the raise in child support payments as an attempt from Hylton-Brim to receive "adult care."

The problem with this case is that Sean Combs and Misa Hylton-Brim had a years-old agreement on the amount of child support that she would receive for the upbringing of their child. I personally feel that if the contract was in writing, then the contract should be upheld in court. If a woman and man marry and have a prenuptial agreement for the division of assets, spousal support, and child support, then the people in the contracts should adhere to their initial agreements. Husbands and wives should be able to make a contract before marriage and family planning to the care of children and loved ones with the trust that both husbands and wives can enter marriage based on trust and honesty. In this case the two parents were not married, but did have a contract for the care of the child. I do not see why the contract would not be upheld in court, but I can say with my present knowledge of the situation that I am siding with Sean Combs.

The only situation that would call for a change in the contract would be protection of the child. Sean Combs is a very wealthy man and his child may need the protection of a bodyguard from those who would wish to kidnap his child for randsom. If this is the question that has been raised by Misa Hylton-Brim, then I do believe that providing better security for the child through a bodyguard employed by Sean Combs can be reasonable. I personally cannot see in 2005 why $5,000 per month is not enough to support a child. What I can tell is that Misa Hylton-Brim would not be able to retire off of the month not spent on the child. A change from $5,000 to $21,782 per month would allow her to receive $261,384 yearly for the care of their child. This money would not be taxed as income because it would be child support payments. Realistically the majority of that money would not be spent on their son, allowing Hylton-Brim to potentially retire as a multi-millionaire when payments end upon the child's 18th bithday.

Even if I was a millionaire, I would not want over $200,000 spent every year on my children because it could make them spoiled. I would not want my children to be like Paris Hilton. I believe that Sean "P. Diddy" Combs is right in this situation and I hope that he wins in court. A decision in Mr. Combs favor would honestly be the best thing for the upbringing of his child.

Source of my information on the case:

http://news.yahoo.com/s/ap/20050524/ap_en_ot/people_diddy_support

0 Comments:

Post a Comment

<< Home

magic store
Free Hit Countersstats
magic store