The issue of concealing assets during divorce is common, so it\u2019s important to discuss what to look for. When one spouse is dependent on the other spouse, it can be easy for the dependent spouse to feel like they need to settle their divorce quickly and for a lesser amount than what they\u2019re entitled to. As a result, they could lose out on getting a fair settlement.<\/p>\n\n\n\n
There are some signs that your spouse may be hiding assets<\/a>. For example, they have complete control of your bank account information and online passwords. They are also very secretive about financial affairs, including deleting personal financial programs like Quickbooks on your shared devices. <\/p>\n\n\n\n Suspicious behavior may also include unusual purchases of items that could be sold later. Typical tactics used by the spouse attempting to hide assets include:<\/p>\n\n\n\n A spouse who is trying to hide assets usually has specific objectives. In general, their goals are to hide, understate, or undervalue the assets they want to keep from their spouse. Unethical spouses also tend to overstate their debts. Some spouses go as far as reporting lower revenue or income than they actually have while inflating their expenses. <\/p>\n\n\n\n