Ladies financing his child support order to the ex
Keeping your money out of your husband’s / boyfriend’s child support order.
On the syndicated ABC radio Michael Baisden show on 02/10, I mentioned that wives and girlfriends are at-risk to have their money grabbed by child support enforcement.
Carnell Smith, man4justice, paternityfraud.com
A man’s wife / girlfriend can protect her income, savings and other finances by not commingling funds with husband or boyfriend if he has a child support order from previous relationship. Never commit fraudulent conveyances on money or property.
Suggestion 1: marital or cohabiting scenarios
Speak to your lawyer about establishing three separate checking accounts. Also separate savings, money market, cash management and broker accounts. Also ask your lawyer about tenants-in-common and joint tenancy matters.
Open checking accounts
1) His
2) Hers (at separate bank)
3) Joint account (household bills, mortgage, rent, grocery, utilities .. etc).
4) Maintain minimum balance to keep joint account open and minimal service charges and fees. Pay household bills from the joint account.
5) Balance your statements every 30 days.
Each spouse can be each others beneficiary, but do not add as signature authority on each individual account and setup direct payroll deposits to your own account, not the joint account. Make deposits to joint account from individual account.
DANGER – making your boyfriend/husband a signature authority on your checking account makes the entire balance available for seizure by child support enforcement in case of arrears or mistakes by the child support enforcement agency.
1 in 3 men DNA tested for paternity are not the fathers
If you want to help your boyfriend or husband, give him a check or money order but be careful about adding to your checking, savings, brokers or cash management account with signature authority while there is a valid child support order against him. GET LEGAL ADVICE, asap!
Suggestion 2:
Complete the W-4 worksheet and state tax worksheet (if applicable) to minimize any income refunds to zero. Stop loaning the government your money each year for free. Getting a big refund back means you’re being used. If there is no refund, there is no money subject to intercept on your husband/boyfriend child support in case of arrears or mistakes by the child support agency.
Paternity Fraud is expensive
Be warned — the state child support agencies take money first, ask questions second or not at all. Imagine fighting to get your tax refund back when your husband/boyfriend did not owe any arrears.
Ladies, try to imagine having your money or property seized and then learn your husband/boyfriend is not the father. Would you say go ahead take my property and if you need more call me?
Wisdom says “learn your options before the storm and be prepared”. Ladies and gents, your money can be taken by child support enforcement without advance notice in many, if not all states.
BTW, did you know that your bank and credit union report your financial information to child support enforcement without your consent? Research the federal DataMatch or Data Match program … you may be surprised.
Carnell Smith PfV
Legal DNA / Paternity Fraud / Speaker / Consultant
President
4Truth Identity Inc
www.911DnaTest.com
www.PaternityFraud.com
This information is provided for educational use only and is not intended as legal advice, financial nor tax advice. Seek legal advice from a licensed bar attorney in your state of interest using legal service plans or by direct contact.
