Sadly, money brings out the worst in people and no one understands this
more than someone going through a divorce. It’s not surprising people
want to protect their finances as much as possible, prompting the decision
to illegally hide their assets. However, this is an entirely immoral and
illegal practice, and if caught, your spouse will have to answer for these
actions in family court. Few things are as important as protecting your
financial rights in divorce and combating duplicity on your ex-spouse’s
part is essential.
In an effort to prevent accessibility after divorce, many spouses partake
in underhanded methods to protect their assets. These methods include,
but are not limited to, converting cash, paying off fake debt with friends
and family, or temporarily transferring assets to others. Some people
will go as far as to illegally open overseas or offshore bank accounts,
all in an effort to keep their ex locked out.
If you are concerned about hidden assets but don’t know what to look
out for, consider the following:
- Thoroughly go over your bank statements for the last year and keep an eye
out for any large transactions or unfamiliar transfers
- Review any savings accounts or trust fund accounts linked to your children
- Review investment account statements
If you discover or even slightly suspect any suspicious financial activity,
an aggressive family law attorney such as ours at the Law Office of Kathryn
Marteeny can help you collect evidence and proof of your ex’s mistrustful behavior.
Knowledgeable Divorce Attorneys Serving Houston
If you feel you are heading to divorce, there is no time like the present
to enlist the services of a legal team you can trust. At the Law Office
of Kathryn Marteeny, we want to do our part to advocate on your behalf
during this undoubtedly difficult time. We know finances are some of the
most contentious aspects of divorce and can investigate your financial
situation to ensure your divorce settlement is fair and just.
Interested in scheduling an initial consultation with a member of our team?
Call us at (713) 936-2300.