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Catching a spouse hiding assets

| Jul 4, 2018 | Divorce & High Asset Divorce |

If you are thinking about getting divorced or in a marriage that is on the rocks and possibly headed for divorce in Connecticut, you will no doubt want to start taking stock of your life on many levels. This stock taking includes getting a good handle on your assets whether they be yours solely or jointly owned. In addition, you will want to pay close attention to the actions and behaviors of your spouse so that you can identify if they are hiding assets from you.

A spouse may try to hide money in some way so that they end up getting more in a final divorce settlement. Of course, that fact of getting more for them means you get less so it is very important that you catch these things. As explained by Forbes, some signals you want to pay attention to is a spouse who all of a sudden starts forgetting to tell you about purchases or investments that they previously would have disclosed with you or even discussed with you prior to making.

An out-of-character choice to rearrange your financial situation and maybe even transfer ownership of some items to other parties can also be something to watch. Tracking your tax returns, paystub deductions and bonus payments can also be important at this time.

If you would like to learn more about red flags that you should be on the lookout for when getting divorced, please feel free to visit the hidden assets page of our Connecticut divorce and property division website.