Jon and Kate Plus 8, Official Thread--Part 7

[hbkfan637]

But I'm not really reading it as Kate "took" anything. My interpretation is that he withdrew 235,000 but only has to repay 180,000 because he gave 55,000 (of the 235,000) to Kate for expenses.

Ohhh, I had the same interpretation except I thought the $55,000 was an additional withdrawal from Kate. I think you have it right, I forgot he has to give Kate $7,500 every month. If he gave Kate the money he withdraw as his monthly contribution, it can explain why Kate didn't know she used it for expenses and said Jon took all $235,000.

 

[mousey]

Yes, Kate says trash but how do we know what it really was? What she considers to be trash, the girls may have considered to be important. In past episodes we've seen her throw away perfectly good items so it's likely that she did this in C & M's room as well. If it truly was trash, can you imagine the stench that would have been coming from that room with 6 bags worth.

She also said that she left the piles for them to clean up including the laundry because she wasn't going to do it for them. I thought that whole purpose of her going upstairs was to get the laundry?

I don't believe in throwing the stuff down the stairs. What if the toys had broken? If the girls were going to have to clean it up when they got home, why not leave it upstairs with the rest of the piles that she had made?

I just can't imagine how they felt after their day at school to come home to that!

Who is Kate trying to kid. She hasn't done housework, laundry or cleaning her kids room in a very long time. That was all just a show for the cameras. They are getting pretty desperate on what to film. No wonder the ratings are lower every week.

 

[daughtersrus]

Ohhh, I had the same interpretation except I thought the $55,000 was an additional withdrawal from Kate. I think you have it right, I forgot he has to give Kate $7,500 every month. If he gave Kate the money he withdraw as his monthly contribution, it can explain why Kate didn't know she used it for expenses and said Jon took all $235,000.

It's getting more and more confusing. I thought that this money just came up missing recently. If that's the case, it's way more than the $7,500 monthly expense. If it was household expenses for the children, that sure seems like a lot of money.

This article...NORRISTOWN, Pa. – A lawyer for reality star Kate Gosselin says her estranged husband, Jon, has been ordered to return $180,000 in marital funds.

Jon Gosselin's lawyer, Mark Jay Heller, says Kate Gosselin isn't complying with an arbitrator's order.

The divorcing stars of TLC's "Jon and Kate Plus 8" appeared briefly in family court Tuesday in the Philadelphia suburb of Norristown.

Kate Gosselin says her husband took $230,000 from a joint account. Her lawyer, Mark Momjian, says an arbitrator will review another $55,000 she spent. Kate Gosselin says she used the money for household and child-related expenses. Heller says there's been no determination that she's telling the truth about that and it may well turn out she's misusing money.

makes it sound like it's a total of $285,000 ($230,000 + another $55,000) missing. From this, it sounds like out of the $230,000 (some reports are $235,000) that they said Jon took, the arbitrator determined it to be $180,000. It also sounds like the arbitrator is requiring Kate to come up with documents to support $55,000 that she spent.

 

[daughtersrus]

Maybe the court should appoint guardians to protect the accounts that the children have until the money situation can be worked out. As I understand it, their accounts are revocable trusts so they can be changed at any time by the grantor (not sure if that's Kate or Jon). If that's the case, these children could very well end up with nothing but the DVD collection of their lives when they're older.

 

[TanyaLovesPooh]

I hope that you hold Kate to the same standard. After all, she LIED about the $55,000 that she took from the account and said that Jon took it!

We don't know that she lied about anything. I interpret the report to mean that $55,000 was used for the children and given to Kate by Jon for expenses. So the court would look into that portion of the $235,000 which is $55,000 at a later date.

Plus, I'm ticked at them for violated the judge's gag order -- either there is more to this than they're letting on (so they're trying to win in the court of public opinion now), or they just don't get how damaging this will be to the kids some day.

I am ticked that they made a statement as well, not necessary at all. However I don't think it was technically a "gag order".

But let's be honest folks, every time my kid puts a line on a sheet of paper it doesn't need to be saved as artwork. For some reason she has it in her head that everything she touches I need to save for posterity purposes. I love my child but every scribble (yes scribbles) do not need to be saved. Not sure if this is what Kate is doing but I do this to my DD's room at least 2 to 3 times a year. You'd be surprised how quickly that crap adds up.

I totally know what you mean. My daughter and I just had that discussion.

It's probably hard for the Kate can do no wrong crowd to admit but in this case, there's proof that Kate lied when she said that Jon took all of the money from their account.

There is also a "Jon can do no wrong" crowd on this thread as well. We are an equal opportunity thread if you will.

Long time lurker of this thread, never posted.

I seem to be interpreting something different than some of you. According to the eonline story, Jon did withdraw 235,000 but only has to repay 180,000 since the difference of 55,000 went to Kate for household & children's expenses. But most of you are reading this as if Kate took the 55,000 and must account for it. Am I not reading this right?

That is exactly how I read the report. Kate did not withdraw $55,000 and blame Jon for it. He withdrew $235,000 over a period of time after he was not supposed to. He was ordered to pay back $180,000 and the remaining $55,000 is still subject for review being that he used it for the kids and expenses paid to Kate.

 

[TanyaLovesPooh]

Maybe the court should appoint guardians to protect the accounts that the children have until the money situation can be worked out. As I understand it, their accounts are revocable trusts so they can be changed at any time by the grantor (not sure if that's Kate or Jon). If that's the case, these children could very well end up with nothing but the DVD collection of their lives when they're older.

I totally agree with this

When Jon was on The Insider and was asked about the account of the children he made it sound as if they can access it any time and would if need be.

 

[daughtersrus]

We don't know that she lied about anything. I interpret the report to mean that $55,000 was used for the children and given to Kate by Jon for expenses. So the court would look into that portion of the $235,000 which is $55,000 at a later date.



I am ticked that they made a statement as well, not necessary at all. However I don't think it was technically a "gag order".



I totally know what you mean. My daughter and I just had that discussion.



There is also a "Jon can do no wrong" crowd on this thread as well. We are an equal opportunity thread if you will.



That is exactly how I read the report. Kate did not withdraw $55,000 and blame Jon for it. He withdrew $235,000 over a period of time after he was not supposed to. He was ordered to pay back $180,000 and the remaining $55,000 is still subject for review being that he used it for the kids and expenses paid to Kate.

It's getting more and more confusing. The article on Yahoo says ...KKate Gosselin says her husband took $230,000 from a joint account. Her lawyer, Mark Momjian, says an arbitrator will review another $55,000 she spent. http://news.yahoo.com/s/ap/20091013/ap_en_ce/us_jon___kate_gosselin

Since her lawyer is saying "another $55,000 she spent", it sounds like this amount is not included in the $230,000 figure. As I said in a previous post, to me it sounds like the arbitrator determined that Jon needed to return $180,000 that he took out and that Kate needs to account for $55,000 that she spent.

In other links, it looks like Kate is also going to have to account for money that Jon is saying that she may be getting from other sources but hiding. I guess we'll have to wait and see.

No one knows what's really going on except for Kate and Jon and I don't expect either one of them to ever tell the complete truth.

Edited to add, I believe that both Jon and Kate have done MANY things that are wrong! I don't believe what either of them say and like to see facts.

 

[daughtersrus]

I totally agree with this

When Jon was on The Insider and was asked about the account of the children he made it sound as if they can access it any time and would if need be.

If the judge wants them to do what's in the best interest of their children, he should have someone review any transactions that have occurred in these accounts. If money is being withdrawn from their money market account, it could be that one or both of them are taking money from other accounts. I really hope that is not the case.

 

[MAKmom]

It's getting more and more confusing. The article on Yahoo says ...KKate Gosselin says her husband took $230,000 from a joint account. Her lawyer, Mark Momjian, says an arbitrator will review another $55,000 she spent. http://news.yahoo.com/s/ap/20091013/ap_en_ce/us_jon___kate_gosselin

Since her lawyer is saying "another $55,000 she spent", it sounds like this amount is not included in the $230,000 figure. As I said in a previous post, to me it sounds like the arbitrator determined that Jon needed to return $180,000 that he took out and that Kate needs to account for $55,000 that she spent.

In other links, it looks like Kate is also going to have to account for money that Jon is saying that she may be getting from other sources but hiding. I guess we'll have to wait and see.

No one knows what's really going on except for Kate and Jon and I don't expect either one of them to ever tell the complete truth.

Edited to add, I believe that both Jon and Kate have done MANY things that are wrong! I don't believe what either of them say and like to see facts.

Thats how I was reading it too. But the 180,000 + 55,000 = the 230,000 so I'm not sure.

 

[WaltD4Me]

Maybe the court should appoint guardians to protect the accounts that the children have until the money situation can be worked out. As I understand it, their accounts are revocable trusts so they can be changed at any time by the grantor (not sure if that's Kate or Jon). If that's the case, these children could very well end up with nothing but the DVD collection of their lives when they're older.

The problem with this is, none of the money is "officially" the children's money. Jon has said money from the show was paid to he and Kate. Any money Kate or Jon has gotten from interviews, appearances, books, ect...was paid to them. So there really isn't any "kid's money" -- in the form of a check that was written to the kids on their name. Which means basically it's Jon and Kate's money and up to them to put it away for the kids. Remember on LKL, Larry said that TLC said that they continually recommended that Jon and Kate start trusts for the children? Jon said they never did tell them that, but that is another indication that none of the money is in the kid's name. Later on Insider Jon said they have put 80% of their money into trusts for the kid's, but it's a revocable trust that they are in control of and can take money out of, which Jon said they would absolutely do if need be.

 

[Promomx2]

too bad no one can find their tax returns for the last years. Then we would know how much tlc has been paying them.

 

[MAKmom]

is this the article? ;

http://www.tmz.com/2009/10/13/jon-kate-gosselin-arbitrator-money-return-contempt-court/#

on Gosselin Ordered to Return $180,000
Posted Oct 13th 2009 2:02PM by TMZ Staff

TMZ has learned Jon Gosselin has been ordered to return $180,000 in marital funds, which were removed in violation of an arbitrator's order.

According to Kate's lawyer, Mark Momjian, "The remaining sum of $55,000, which Ms. Gosselin used for household bills and expenses relating to the children, will be subject to further determination by the arbitrator at a later date."

Jon is required to repay the loot by October 26 -- the next hearing -- or appear before the judge for a contempt proceeding.

The judge also ordered Kate to provide an accounting of past expenses -- also due by Oct. 26.

Kate says, "As difficult as this has been for me, I am pleased that the Court has ruled fairly on behalf of myself and my children. Now that this matter has been ruled on, I look forward to returning to private arbitration, as we have agreed to do, to resolve any remaining issues."

It says the 55,000 was used by Kate. Are you saying Jon took it out and then gave it back to her to use as household expenses?

I think it is this one:


Kate Gosselin Banks Big Bucks as Jon Loses First Round in Court

Today 1:12 PM PDT
Jon Gosselin, Kate Gosselin INFdaily.com; Lisa Berg/NBC

Score one for Kate Gosselin.

The blonder half of reality TV's favorite estranged spouses won a major victory during this morning's court showdown on the couple's disputed money matters.

Judge Arthur R. Tilson has ordered Jon Gosselin to return $180,000 of the $235,000 he withdrew from the bank without the missus' permission—a big violation of a previous arbitration ruling.

"Mr. Gosselin must repay this sum on or before Oct. 26," Kate's attorney, Mark Momjian, said in a statement to E! News. "If he fails to do so, he must appear before the court for contempt proceedings.

"The remaining sum of $55,000, which Ms. Gosselin used for household bills and expenses relating to the children, will be subject to further determination by the arbitrator at a later date."

But Kate might also have to cough up some cash...

In response to Jon's allegations that Kate has not been forthright about her own checkbook—suppposedly appropriating family-earmarked money and hiding proceeds from book sales—she has also been ordered to provide an accounting by the next hearing on Oct. 26.

The decision came following an hourlong trip the to Montgomery County courthouse featuring an oddball cast that included the Jon & Kate principals, a small army of lawyers, an arbitrator, a judge, Kate's omnipresent bodyguard and, monitoring the developments from a nearby outpost, Michael Lohan, showing support for new BFF Jon.

"As difficult as this has been for me, I am pleased that the court has ruled fairly on behalf of myself and my children," Kate said in a statement. "Now that this matter has been ruled on, I look forward to returning to private arbitration, as we have agreed to do, to resolve any remaining issues."

Speaking on behalf of Team Jon was his lawyer, Mark Heller.

"All of the attorneys on both sides worked very hard. We are very pleased with the outcome of the court proceeding and the arbitration session," he said.

"We are very hopeful that there will soon be a resolution," he added, referring to the couple's overall finances.

________

 

[redrosesix]

Me and my dh were watching the show last nite, and he saw Jon's BMW. I originally thought he had a $40,000 BMW, but my dh said, "are you kidding me?", he has the $72,000 Bmer and then he said, "what a bozo, why would you get a 2-door car with kids, at least get the 4 door, so your kids don't have to crawl behind the seats. So if Jon bought the BMW for $72,000, good luck trying to sell that car. But, maybe he leased it, and he could turn it back in with a huge penality.

Jon says the Mercedes is leased, but the BMW he bought used -- so he owns that one.

It's getting more and more confusing. The article on Yahoo says ...KKate Gosselin says her husband took $230,000 from a joint account. Her lawyer, Mark Momjian, says an arbitrator will review another $55,000 she spent. http://news.yahoo.com/s/ap/20091013/ap_en_ce/us_jon___kate_gosselin

Since her lawyer is saying "another $55,000 she spent", it sounds like this amount is not included in the $230,000 figure. As I said in a previous post, to me it sounds like the arbitrator determined that Jon needed to return $180,000 that he took out and that Kate needs to account for $55,000 that she spent.

In other links, it looks like Kate is also going to have to account for money that Jon is saying that she may be getting from other sources but hiding. I guess we'll have to wait and see.

No one knows what's really going on except for Kate and Jon and I don't expect either one of them to ever tell the complete truth.

Edited to add, I believe that both Jon and Kate have done MANY things that are wrong! I don't believe what either of them say and like to see facts.

Yes, $230,000 is the correct amount -- it's in her petition to the court. I'm not sure whether the $180,000 is part of that, or part of all of the funds that Jon has withdrawn from that account. Remember, we're only hearing from Kate's side right now, but it sounds like they are requiring her to provide documentation on another $55,000, likely the items that were noted in Jon's response/counter-claim.

There are so many unknowns right now, and only one side talking, so I'm going to wait until somebody leaks the judge's orders (because it is soooo likely that somebody will).

If the judge wants them to do what's in the best interest of their children, he should have someone review any transactions that have occurred in these accounts. If money is being withdrawn from their money market account, it could be that one or both of them are taking money from other accounts. I really hope that is not the case.

Apparently, Jon only has access to the one account. They asked for an accounting of transactions in the other accounts as part of their response/counter-claim. Kate was supposed to provide documentation on all of their accounts to the arbitrator, starting back in July, but obviously hasn't done this yet.

 

[DVCisME]

I thought that Jon having to repay the $180,000 and Kate having to account for $55,000, makes sense. Jon said he has taken about $172, 000, if I remember correctly, all year or since the beginning of the divorce. The last $55,000 could have been easily mismanaged since Kate thought he took $230,000.
If that makes sense to anyone. Has there been anything saying what time period this all occured, besides Kate?

 

[WaltD4Me]

My guess is they both have taken money they weren't supposed to. I tend to think Kate is squirreling what she took away though and Jon has been spending it. The quicker they get divorced the quicker they each get their own money.

The thing I don't understand is, when Jon moved out, was there any determination of how he was supposed to pay his living expenses by the arbitrator? I mean if the arbitrator said he couldn't take any money out of the accounts, you would think he would have given Jon an allowance or something? Or were Jon's bills just going to Kate and she was paying them? I find it hard to believe TLC was paying the full rent on Jon's NYC pad, but if they were, who is paying that now? It's 2 bedrooms/2 baths, the rent must be a fortune.

 

[momrek06]

Maybe this has already been posted...but don't J&K have a financial planner...or someone handling all their finances like celebrities do?

I mean they are making allot of money and I would think that they would have hired someone to handle all their banking way before they even moved to their new million dollar home. JMHO.

Next thing we read is that they got a call from the IRS to account for all that money!!!!!!!

 

[DMRick]

Also, where's the money that she gets for speaking, The View, book...? Has she accounted for that?

I don't know, would that be expected to go into their shared account? If so, then I assume Jon is putting in the money he's gotten for interviews, Las Vegas, etc. I guess I just thought this was the money they earned from TLC when together.
Should I be putting the money I earn from my business in our joint account? Uh oh.....(I'm not LOL).

 

[redrosesix]

I thought that Jon having to repay the $180,000 and Kate having to account for $55,000, makes sense. Jon said he has taken about $172, 000, if I remember correctly, all year or since the beginning of the divorce. The last $55,000 could have been easily mismanaged since Kate thought he took $230,000.
If that makes sense to anyone. Has there been anything saying what time period this all occured, besides Kate?

There's only the list of transactions in the email from the bank, but it doesn't say where the money went for each of those transactions. All of those transactions occurred between Aug. 10th and Sept. 29th. Then there are additional withdrawals made by Kate that were noted in the response/counter-claim, that Jon's team knows about. But then there is all of the accounting that Kate was supposed to bring to the arbitrator re other accounts that they have together -- she's now been given until Oct. 26th to produce these records, so it's possible that this is just the tip of the iceberg here (otherwise, why would she not have brought those to the arbitrator before now?)

But we don't really know what time period the arbitrator and judge were dealing with in the order -- it could be just from Aug. 10th on, or it could have gone back further.

 

[DMRick]

It's probably hard for the Kate can do no wrong crowd to admit but in this case, there's proof that Kate lied when she said that Jon took all of the money from their account.

Which crowd is that? I have yet to see one person who thinks Kate has done no wrong.
Until I see where the $55,000 is, I am withholding judgement.

 

[DMRick]

The fact remains that the only people who are speaking right now are Kate and her lawyer, in direct violation of the judge's orders, and that they are obviously not going to do as the judge requested and settle it amongst themselves. So what are they not saying? If Jon doesn't respond, does that mean she is telling the truth or that he is complying with the judge's orders?

Furthermore, none of this money issue ever had to be made public. In fact, we would never have known that Kate had gotten herself into trouble with the arbitrator before had she not brought all of this out into the open. Extra reading for their kids when they get older, I guess.

I thought I saw both lawyers talking to the press. Did the judge actually say they were not to talk about today's case to the media, as in a gag order placed on them? I have to admit, I'm too lazy to go back and look. I thought the Judge said private arbitration..isn't that usually when you figure out all the divorce stuff (who gets the kids when, who supports who, etc)? I didn't think that was the same as talking about how the case went in court.