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Catching a spouse hiding assets

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.

What is a QDRO?

Like many in Southport, you may find it hard to understand the notion of your 401k being an asset that is subject to property division. After all, your account is any available through your employer and is typically supported solely by your income (as well as any matching funds offered by your employer). Why, then, would it be considered a marital asset? Think of it along the same lines as your earned income. Whatever you made while married is marital income, and given that your contributions to your 401k came from that income, it makes more then as to why its viewed this way. 

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Reich & Truax, PLLC
2507 Post Road Suite PH
Southport, CT 06890

Phone: 203-254-9877
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