After Kevin Federline divorced Britney Spears, he decided to marry again and have more kids, and she says it is not her problem that he is strapped for cash. Federline has asked a judge to increase the $20,000 a month child support payment that Spears pays, claiming that their two boys enjoy a lavish lifestyle with their mom, but he can only provide a modest lifestyle.
According to TMZ, Federline says his boys go on five-star vacations, have every imaginable toy, and a lighted tennis court because he believes his ex-wife earns $34 million a year. Meanwhile, he is only bringing home $3,000 a month.
But, a source close to Spears says Federline’s financial situation is his own problem.
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“Britney spends no more on the boys than he does. He’s barely getting by because he has to support 3 additional kids and his wife and himself on funds Brit gives him for their 2 kids,” says an insider.
The source goes on to say that the law is that both parents are to support their children, and asked where is Federline’s contribution?
K-Fed says his expenses are approximately $23,000 a month. So, if you add his $3,000 income to Spears’ $20,000 in child support, it appears he is breaking even. Now, he is asking the court to triple the amount Spears pays each month to a total of $60,000.
According to court documents, the 40-year-old claims that his ex-wife’s increased earnings and his decreased income has created “an extreme disparity” in their sons’ lifestyles. He also alleges that his current career as a DJ now nets him less than one percent of Spears’ current income because he is “less of a name” than he was back in 2008 when he earned six figures.
Federline says that he doesn’t know exactly how much his ex-wife earns because he says she refuses to turn over her tax returns or reveal her income.
Are we getting new music from the Princess of Pop?? https://t.co/1hDlgegm6x
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Spears and Federline were married from 2004 to 2007, and when they split she agreed to $20,000 a month in child support for their boys Sean Preston and Jayden James, plus a lump sum payout of $1.3 million.
Spears agreed to those terms through her father, Jamie, who has controlled her finances through a conservatorship since her highly publicized breakdown back in 2007. Since then, she has gone on tour, released nine albums, 18 fragrances, and a lingerie line, plus she landed two lucrative Las Vegas residencies.
The former backup dancer claims in the documents that Spears is a single woman who lives alone in a large 13,000 square foot villa on 21 acres in a gated community. The home features an elevator, a library, a media/game room, a 3,500-bottle wine cellar, a pool house, an orchard, a tennis court, and a golf course.
In contrast, Federline lives with his wife, Victoria Prince, and their two minor children, two more children from his previous relationship with Shar Jackson, and the two kids he shares with Spears in a 2,000 square foot home.
Kevin Federline also claims that Spears – who is currently in a relationship with personal trainer Sam Asghari – offers her sons amenities like private chefs, tutors, and nannies, and he can’t keep up.
Mark Vincent, Federline’s lawyer, says that California family code requires that Spears turn over her financial information, so she must comply. Federline has previously rejected attempts to settle the child support battle without litigation.
Vincent says that his client is still open to settling with Britney Spears without judicial intervention.