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How can your spouse take advantage of your high assets?

On Behalf of | Oct 22, 2019 | Divorce

New Jersey couples like you who are mid-divorce will have your hands full with everything you must accomplish in order for the divorce to be legitimized. We at Cipriano Law Offices, P.C., are here to discuss how a spouse may potentially take advantage of the confusion and your high assets to potentially steal your assets.

One danger of high asset divorce is the fact that with a greater number of assets, it gets harder and harder to keep track of their various sources. As they become harder to keep track of, an emboldened spouse may find it easier to try hiding some. They may do this through a number of means, such as pretending to pay back nonexistent debts to friends and family members only to come back and collect the money later, or by buying expensive items with the intention of selling or returning them.

When a spouse hides assets from you, they are refusing to truthfully report every source of money they have. Unfortunately, catching them out in their lie can take some serious detective work. Many who attempt to hide assets like this are banking on it being too much of a hassle for you to investigate, or are anticipating that no one will even notice there is a discrepancy.

If you are in the middle of a divorce and have any reason to believe that your spouse may be attempting to hide assets from you, consider taking a look at our web page on divorce, linked here. You can learn more about how to handle these suspicions and what to do if they are proved correct.


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