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This Dad Should be Ashamed of Himself

Dow Jones heir Jeffery Stevenson lied about his income and hid assets during his divorce in an attempt to reduce child support payments to his child. He told the court he was only making $38,000 a year as a Carpenter and was ordered to pay only $512 a month in child support. His child even qualified for reduced free lunches.

It was recently revealed that Stevenson failed to disclose trust funds worth at least $4 million during his 1997 divorce. At a trial in 2007, Stevenson admitted he was not a professional carpenter and testified his net worth was $17 million. He also receives at least $358,000 in annual income from five different trust funds, In addition he owna a $3.3 million home in Key Largo, Fla., $600,000 in other real estate and $275,000 in vehicles. His child support payments have been increased to $5,500 a month and he will have to pay at least $160,00 in retroactive child support payments and his ex-wife's attorney fees.

How pathetic. This man knowingly allowed his child to live in poverty while he lived like a king! Thankfully, justice has been served in this case, but how many other parents are out there who have hid assets during a divorce and lied about their income and are getting away with it? Sadly, the men and women who commit these acts think they are getting over on their exes but the they are hurting their own children instead.

If you have reason to believe your ex is hiding assets or lying about income, then you need to be proactive and find the proof you need to take him or her back to family court. It won't be easy, but with a little detective work you may be able to uncover hidden money you never knew your ex had. There are many online websites that can track down a person's assets and current employer. Do some research first so that you know you are dealing with a reputable company and most of all, don't give up! Your children's financial future and quality of life is at stake.

Click here to read a free chapter of Seven Secrets to a Successful Divorce...

by Christina-Rowe 298 Posts

Posted on 2/5/2009 4:12 PM

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Tags: child support , hiding assets , family court , children and divorce ,
christina rowe

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Comments for "This Dad Should be Ashamed of Himself" (5) (You must be logged in to answer)

As a dad myself, I find this guy to be lower than dirt. How can any parent care about their own child. This man is no dad and so far way from being a real parent. The s.o.b should have been charged with some sort of child endangerment or something. As bad as my wife maybe, I have got to give her credit as a mom. She cares for my daughter as best as she can and I'm always sending money and care packages for my daughter. There's no court order on me to do this, but this is my child, it's what a parent does. This guy makes me sick and I hope that others who pull such low level stunts get busted.

by CHRISTOPHER36 806 Posts
Posted on 2/7/2009 10:02 PM

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This is the one of the issues that plague high earners. Many states child support calculators do not take into consideration high earners, and they get a very high payment order. There is ample evidence that the custodal parent can use the monies for non child services and there is no accounting. As per the example, 5500. a month is alot of money, and the custodal parent could use some of the money for personal use as oppose for the child and there is no control over that and accounting. She or he could use the money for a second car, plastic surgery, fine dining, ect.. In a way it's maintance. The higher earners always get the short end of the stick and it is not fair. I agree the laws are made for the common person, and most are just struggling to survive, but the high earners always get screwed in the system.

by rpg 39 Posts
Posted on 2/7/2009 9:49 PM

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I can't for the life of me figure out WHY people do this to their kids. I don't want to have to pay child support for the sole reason that my ex can't manage money to save his life. But, I know that my kids come first- always!

This dad needs to be hung.....

by Dactyl 2607 Posts
Posted on 2/5/2009 4:30 PM

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Ugh. My ex lied about his income-he even takes jobs that pay him "under the table" so that he doesn't have to pay taxes and so he doesn't have his wages garnished for child support. He hasn't filed a tax return in years (because he owes back taxes and child support enforcement can place a lien on any tax refunds he may get in the future). He lives his life in hiding...and all I can say is that it must be hard living that way.

by marybecca2 807 Posts
Posted on 2/5/2009 4:23 PM

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OMG that's horrible...but at least he is now going to have to pay what he owes. I tell you, some people are just looking out for themselves. Really bad.

by deborah-trevino 1099 Posts
Posted on 2/5/2009 4:19 PM

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This Dad Should be Ashamed of Himself

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