In order to avoid future lawsuits, Florida residents who are in the midst of child support negotiations may want to be entirely honest in the disclosure of their financial situations. It is not uncommon for one spouse to hide assets in an attempt to minimize child support or alimony payments. Such actions could result in severe consequences, sometimes many years later.
A man from another state, who was described as narcissistic by a U.S. district judge, tried several ways to hide his assets from authorities. He caused his own downfall when he requested the FBI to scrutinize his former wife, the mother of his two children. In his quest to conceal his assets, the man filed for bankruptcy. He allegedly also transferred properties into the names of other people and then recycled funds to himself, using the personal and trust account of an attorney.