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Singer accused of hiding income in child support battle

Regardless of their parents’ overall wealth, every child is entitled to adequate financial support. Determining child support obligations can be a complicated process, particularly if the parents are on bad terms. However, South Carolina law seeks to reach arrangements that are in the best interests of the child, while remaining affordable for the parents. Nevertheless, subsequent disputes about the payments are not uncommon.

One such case that has been sweeping the news is that of singer Marc Anthony and his ex-wife. Currently, he pays her a monthly sum of $13,000 for their two sons, but she is demanding an increase of $100,000. She feels that he has been dishonest about his earnings, which he places at around $40 million for the past four years. Her estimate is 50 percent higher, at $60 million.

He has claimed that he worries about the boys becoming spoiled if they are given too much more money. However, their mother, to whom he was married for four years, feels her sons have a far more extravagant lifestyle in their father’s company. She considers herself to be living in comparative poverty.

Among his expenditures are an estimated $305,000 on luxuries such as cars and houses. He is further alleged to be making payments to other children, relatives and girlfriends totaling around $330,000. Los Angeles County Court has ordered that he provide an accurate statement of his earnings so an appropriate payment level can be determined.

Although this battle is being fought in another state, parents in South Carolina may still relate. Regardless of the exact sums involved, if your child support obligations are beyond your means, or if you are not receiving enough support, you need to challenge the decision. The most important thing is that an agreement is reached that allows your child’s well-being to be maintained. An attorney may be able to help you explain your situation and seek a fairer settlement for yourself and your child.

Source: Entertainmentwise, "Marc Anthony Forced To Declare All Of His Money As Ex-Wife Demands Major Child Support Increase," Shaun Kitchener, May 2, 2014

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