You may be surprised at how common it is for one spouse to hide money from the other. In the past, it was extremely common for older women to advise young brides to always have some money secretly stashed in case of emergency. Today, it is more common for the higher-earning spouse to keep money or other assets hidden away lest their spouse come after those assets in a potential divorce. It is hard to divide assets one spouse does not know about. Those who are less familiar with divorce law may believe this is advisable, although it almost never is.
If you have a sneaking suspicion that your spouse has more property or money than they are letting on, you may be correct - and you are not alone. It may surprise the average person how common it is for hidden assets to surface during divorce proceedings. If you do not think that your spouse is making full disclosure of all their assets, an attorney may be able to help find out for sure.
3 Steps to Take if Your Spouse is Concealing Money or Property
Perhaps the best thing you can do to protect yourself if you suspect that your spouse has a financial secret is to find an experienced attorney and inform them of your suspicions. Some steps you and your lawyer can take during your divorce include:
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