Hidden assets in a divorce

Marriages requires a high element of trust to function. Often they fail when one of the parties breaches that trust. These breaches can extend to the divorce process itself, in particular, the division of marital assets.

Sometimes one spouse tries to conceal marital assets from the other so that they won’t have to share them in the divorce. If you believe your spouse is capable of this, it is wise to spend some time looking for signs that they might have.

They could include:

  • Changing the online passwords to joint accounts to stop you from checking the balance
  • Getting up early to grab the mail when they are expecting a finance-related letter that could arouse your suspicion
  • A browser history that reveals a sudden interest in alternative ways of investing, such as cryptocurrency
  • A friend or family member purchasing property you are pretty sure they cannot afford themselves

What if you discover suspicious activity?

If you can find evidence that your spouse has been acting inappropriately and trying to cut you out of funds you would be due a share of, a court may rule in your favor. It may just tell your spouse to share out the monies. It may award you a greater share of another asset to compensate. Or it might even award you the whole asset that your spouse was trying to conceal to publish them for their deceit.

If you fear your spouse might be trying to hide assets in your divorce, seek legal help to understand the next steps to take.

 

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