"what would you want to see happen to the money earned by child stars?"
for the sake of discussion, say a kid got in the business in kindergarten and worked steadily every year up until they turned 18. in that time span, they earned roughly $13 million after taxes.
the kid's parents didn't hold down regular jobs while this was going on. they hung out with the kid and looked after him. another person held the title of manager and got the kid gigs. another person served as the accountant and kept the books. while an entirely separate person gave legal counsel.
of that $13 mil after taxes, what shoulda happened to the money? how much to spend on lifestyle? how much, if any, should be sitting there waiting for the kid once they turn 18? how much should the parents have taken, if any, for watching over the kid during their career?
7. "The parents should be treated like spouse or a child are in a divorce" In response to Reply # 0
That is, they are entitled to a certain amount of it just like the spouse or a child of an earner. Theory being they wouldn't be seeing any of that money if the parents didn't do what they did to put the kid in that position.
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