Is Your Spouse Hiding Money During Your Divorce?
- Author Mark Pfenning
- Published May 22, 2010
- Word count 315
Hiding money (assets) during a divorce is illegal and unethical. Never the less it's more common than you think. Both men and woman alike have and continue these tactics daily. I am in no way advocating hiding assets. I am simply documenting facts to help educate and protect.
By hiding money your spouse may be trying to lower child support and alimony payments. You and your attorney must look to uncover any hidden moneys and to prove the actual amount of money that your spouse has available.
I've listed five items below to give you a starting point for finding hidden income and assets.
-
Your spouse may defer a part of his salary until after the divorce. Look for letters, notes, or emails asking to defer income. Look at past history of your spouses earnings. If he/she is normally receives $50,000 per year in commissions and suddenly not receiving any money or a dramatic drop. Advise your attorney.
-
Some spouses receive bonuses in addition to their net pay. Look for deals where partial bonuses are paid and the other portion is put into a separate account accruing to the benefit of the employee. Bonuses can be deferred for future distribution. Look for a pattern of bonus payments in the past.
-
If your partner is suddenly, chronically short of cash, or if their weekly ATM withdrawal doubles, that could be a sign. Many stores now let you get cash back when using your debit card for purchases. Your spouse can be adding $20, $40, or more to ever purchase. Check receipts.
-
Does the mail come to your home? If not, that could be a red flag that your spouse doesn't want you to see certain incoming statements.
-
Any changes in the way family finances are handled. Did that joint savings account suddenly disappear? Was there a piece of a stock sold or got rolled over into something else?
President - Buona Notte LLC and main contributing author to: Divorce Ammo - What They Don't Tell You About Divorce eBook. The book is a first hand look at the ugly word of divorce. It is filled with advice, tips, and strategies which are a must for anyone going through a divorce.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Explore Divorce and Social consequences across Family Law Religious Perspective in Bangladesh.
- Parental Alienation Syndrome: Recognizing Manipulative Behaviors and Protecting Children
- Reclaiming Your Voice: Finding Empowerment After Divorcing a Narcissistic Spouse
- “I’ve been seeing someone…"
- Top 6 Tips For Dealing with Separation Aftermath
- What is The Deal Breaker in Your Relationship?
- The Role of Divorce Funding in Uncovering Hidden Crypto: The Real Bitcoin Miners
- Divorce & Separation: Understanding Your Legal Options
- An Inside Look at the Link Between Divorce, Dating, and Dental Health
- Is it Normal to Regret Getting a Divorce?
- How motivated are you?
- Mirage of Divorce and Separation
- How a Smile Makeover Can Help You Start Over After a Divorce
- Go easy on yourself after divorce: why post-divorce guilt exists, and why it shouldn't
- Alimony, Spousal Support, & Dividing Marital Property During a Divorce
- When to Seek the Aid of a Family Lawyer While Proceeding with Divorce in UAE
- The Shattered Dreams of Divorce
- Steps for Starting the Divorce Process
- Suffolk Country Top 5 Rated Divorce Lawyer
- How to Cope with Divorce
- Why Should You Opt For A Postnuptial Agreement?
- What is a C100 Child Arrangements Form and When Do I need One?
- Co-Parenting After Divorce: 3 Benefits for Your Family
- Divorce and Children During the Holidays
- What Factors Determine the Type and Amount of Alimony in Florida?
- Divorce Lawyer in Spring TX
- Spousal Maintenance and A Huge Mistake
- Top 6 Uncovered Branches under Family Law Fort Worth You Must Know
- Fort Worth’s Divorces are Painful, But It Gets Adjusted Overtime
- Navigating the Difficulties of a Divorce