The payment of child support can be a hotly contested issue in a divorce. There are many factors involved in determining the amount to be paid, and parents should be honest and forthcoming concerning each of the factors to ensure the amount is accurate to support their child.
A father has recently brought an action against his ex-wife, stating that she failed to disclose certain financial assets at the time of their divorce. He states that she invested, unbeknownst to him, between $10,000-$50,000 in Twitter when it first sought investors. They didn't file for divorce until six months after she allegedly made the investment. The stock is now worth between $10 million-$50 million and she failed to report the stock as an asset during their divorce. The man was ordered to pay $2,465 each month for child support for their sons, which he feels is three times the amount he should be paying as he made $43,000 the year the were divorced. He is seeking 30% of her Twitter stock and $120,000 in child support payments that he has made up to this point.