. Hiding Money In Divorce | LAW Professor.com - Your Self Help Guide For Legal Advice - Hostgator Coupons 2015: Hostgator offers 2015 :- Now hostagtor hosting offers and get plans 2015 Hostgator Coupon 2015 . Now Hostgator Plan to provide coupons on 2015.
 
 

LawProfessor.com Exclusive Article



Hiding Money In Divorce



More Options:

Print This Article Print This Article
Email This Article Email This Article


Share:

Post this Article to facebook Add this Article to del.icio.us! Digg this Article furl this Article Add this Article to Reddit Add this Article to Technorati Add this Article to Newsvine Add this Article to Windows Live Add this Article to Yahoo Add this Article to StumbleUpon Add this Article to BlinkLists Add this Article to Spurl Add this Article to Google Add this Article to Ask Add this Article to Squidoo
LawProfessor.com Exclusive

It is illegal to hide money from a spouse when going through a divorce. It’s also immoral. But people do it all the time. They do it for lots of reasons, like lowering payments for child support and/or maintenance, but mainly, they do it because they just don’t want to share.

Should you suspect that your spouse is hiding money from you, be sure to get the proof. Below are five tips which can help you to determine if your spouse is hiding money, and to help you collect the documentation necessary to prove it.

1. A spouse may ask their employer to hold back income or commissions on earnings as a means of showing a lower annual income to the court at the time of a divorce. If you don’t already know how much money your spouse makes in a year, you should look at last year’s taxes. Then be on the alert for any signs that he or she is suddenly bringing home less money than before. Does your spouse normally receive bonus or incentive checks from their employers? It is possible that your spouse has requested only partial payment or has cashed these checks separately and placed the money into an account where it cannot be traced back to him or her.

2. Check to see if you spouse is suddenly short of cash, perhaps taking more ATM withdrawals than normal or taking them from places outside of their regular travel areas. Be sure to check your bank records regularly to determine if money has been removed from your accounts. Review all the mail that comes into the house. Be sure that all the financial statements for any accounts, bank accounts, 401ks, IRAs, CDs, stocks, whatever, are arriving, and be sure that no money has been removed from these accounts. Be sure that you know at all times how much money is your checking and savings accounts. Be on the look out for money that goes missing from your accounts, even if it’s a small amount, as your spouse could be taking money out a little at a time.

3. Check email accounts and web histories. See where they might be spending or placing money. Also, check for credit cards that you may not have been aware were in existence. Also, be sure you know how much debt you have on credit cards. This could be an issue if your spouse is taking cash advances from the cards or if they are making large purchases on the cards. You can get stuck with half the debt.

4. Get copies of the last three to five years of tax returns. If you can’t find your copies, call the IRS.

5. Check for other shenanigans. Like checking safe deposit boxes and making sure you have a record of the contents. Review all your insurance policies. Get copies of your credit report.

Finally, keep great records, but don’t confront your spouse with the info you find. Take it to your attorney.



More Special offers:
Student Loans | Legal Forms | Student Credit Cards | Low Interest Credit Cards
Most Recent Article Additions to LawProfessor.com:


Legal Disclaimer: The information contained in this Web site LawProfessor.com is provided as a service, and does not constitute legal advice or establish an attorney client relationship. LawProfessor.com makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this web site feature and its associated sites. Nothing provided herein should be used as a substitute for the advice of your own counsel.
 
Privacy Policy | Impulse Tickets.com | LetsGetCredit.com
Copyright © 2007-2011 Lawprofessor.com a subsidiary of Boxing Inisder LLC. All rights Reserved