Three Pony Rule for Child Support

I had to share this with you. Today, the West Headnote of the Day is about child support and how it is determined by a case in Kentucky.

76E Child Support
76EIII Factors Considered
76EIII(B) Factors Relating to Custodians and Obligors
76Ek85 k. Assets, Investments, and Holdings.
While to some degree children have right to share in each parent’s standard of living, child support must be set in amount which is reasonably and rationally related to realistic needs of children; that is, no child, no matter how wealthy the parents, needs to be provided more than three ponies, and this is referred to as the “three pony rule.”
Downing v. Downing, 45 S.W.3d 449 (Ky. Ct. App. 2001)