Divorcing spouses sometimes resort to hiding money when they know a divorce is just around the corner. Even though this is illegal and can carry hefty penalties when discovered by the courts, an individual might start to do this out of spite, greed, or anxiety about finances after the divorce. Proving that a soon-to-be-ex is doing this can be difficult, so leading divorce attorneys and wealth managements advisers have some tips to be on the lookout for before a divorce happens and during the proceedings.<\/p>\n
It cannot be said enough that it is important to take an active role in your finances. Knowing where documents such as your tax return, bank statements, and credit card bills are is critical. And if you have gone paperless, knowing the online passwords is also helpful. Without knowledge of the marital assets, income, debts, and expenses, it can put you in a position of vulnerability. Yes, (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Divorcing spouses sometimes resort to hiding money when they know a divorce is just around the corner. Even though this is illegal and can carry hefty penalties when discovered by the courts, an individual might start to do this out…<\/span><\/p>\n