If you are facing a divorce, you know that the way assets are divided will have a huge impact on your quality of life in the future. Therefore, it is vital that assets are divided fairly. Unfortunately, many divorcing spouses act without integrity during the divorce proceedings, and they often try to hide assets to prevent them from being divided fairly.
If you suspect your spouse of trying to hide assets, it is important that you do not accept this unjust behavior. By learning some simple strategies, you will be better equipped to track the movement of marital assets.
Monitor your bank balances
Many people do not regularly check the exact balances on their bank accounts. Therefore, many spouses find that they can take money out of the accounts regularly without the other spouse noticing. This might occur in the months leading up to a divorce filing if the spouse is already anticipating divorce. You may be able to check past statements to track all activity.
Your spouse may try to delay business bonuses
If your spouse has not been receiving their regular bonuses or commissions, it is possible that they are trying to delay these payments until after the divorce has been finalized. You have a right to a share of all marital assets, and these attempts to hide assets are unfair to you and your dependents.
It is important that you take action to prevent attempts from your spouse to hide assets. By investing time into uncovering hidden assets, you will stand a better chance of getting the divorce settlement that you deserve.