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Are you worried that your child’s other parent is hiding income in order to obtain a lower child support determination? This is a common concern among parents who will need to depend on child support payments to provide for their children’s needs.

At The Law Office of Andrew Bryant, we understand your concerns and are here to help. Our experienced family law attorneys have dealt with cases involving hidden income and know how to uncover the truth. If you suspect that the other parent is not disclosing their true income, don’t wait – take action today. Contact our Colorado Springs child support lawyers for a consultation, and let us fight for your child’s financial well-being.

Understanding Child Support and Income Disclosure in Colorado

Child support is a critical financial resource for parents, as it ensures they can meet their child’s basic needs. However, if one parent suspects that the other is hiding income to pay less child support, it can cause significant stress and financial hardship. In such cases, it is important to understand the legal requirements regarding income disclosure.

Under Colorado law, both parents have a legal obligation to fully disclose their income when determining child support. This includes all sources of income, such as:

• Wages
• Bonuses
• Commissions
• Self-employment income
• Rental income
• Investment income
• Benefits

Failure to disclose all sources of income accurately can result in an unfair child support order. You should have a family law attorney who can investigate and ensure the other parent is disclosing all their income and, if not, determine the next steps.

Signs of Hidden Income

Recognizing signs of hidden income can be challenging, but some red flags may indicate that the other parent is not fully disclosing their income. These signs include:

• A sudden decrease in reported income
• Significant changes in lifestyle without a corresponding increase in income
• Suspicious financial transactions or transfers

If you suspect that the other parent is hiding income, your child support attorney can assist you in gathering evidence to support these assertions.

Uncovering Hidden Income

Proving hidden income can be a complicated and challenging process. It requires a thorough investigation and analysis of financial records, tax returns, bank statements, and other relevant documents. Fortunately, our skilled attorneys have the experience and resources to help you uncover hidden income and ensure a fair child support order.

If you have these suspicions, take immediate legal action. Waiting too long can have detrimental effects on your child’s financial well-being.

Underemployment to Avoid Higher Child Support

It is also not uncommon for a parent to intentionally become underemployed to avoid paying higher child support. Underemployment refers to a parent intentionally reducing their earning capacity or income to lower their child support obligations. This can be a frustrating and challenging situation for the other parent who is seeking a fair and adequate child support arrangement.

If you suspect that the other parent is intentionally underemployed to avoid paying their fair share of child support, we can investigate the matter and build a strong case to ensure the court considers the actual earning capacity of the other parent, rather than accepting their intentional underemployment or hidden income.

Learn More from Our Colorado Springs Child Support Attorneys

If you suspect the other parent is hiding income or underemployed to lower child support, don’t wait – take action today. Contact The Law Office of Andrew Bryant, Colorado Springs’ trusted family law firm, for a consultation. Our experienced attorneys will fight for a fair child support order.