What will your divorce mean for your financial future? If you are facing the end of your marriage, chances are that you have probably given significant thought to what is going to happen to your assets and savings. This may be particularly stressful for you if you believe that your spouse will fight hard to keep you from getting your fair share of marital assets.
Some divorces are quite contentious, and one spouse may want to do things that will allow him or her to keep more assets. One way this can happen is by hiding assets. There are various ways that a person can do this, and you may want to carefully study your tax returns and the required financial disclosures to make sure you don’t become a victim of unfair tactics during your divorce.
Important questions to ask
It’s not always easy to know if a spouse is hiding assets. For example, maybe your spouse handled the finances during your marriage, or maybe your spouse owns a small Louisiana business, yet you aren’t very familiar with the daily operations. You may only suspect that your spouse is trying to hide things, but the following questions can help you if you are trying to figure out what is going on:
- Is your spouse denying that certain assets exist?
- Is your spouse suddenly claiming that he or she has significantly more debt than you realized?
- Did your spouse suddenly sell assets or valuable property a third-party that you suspect may be simply holding the assets on his or her behalf?
- Have valuable assets and personal property suddenly gone missing?
- Did your spouse claim to have lost or misplaced certain assets?
If you answered yes to any of the above questions, it is possible that your spouse is working to keep you from your fair share of marital property. An assessment of your case can help you understand what steps you may need to take to find the paper trail and uncover the truth.
Fighting for your financial future
The terms of your financial settlement and property division order matter. You will find great benefit in working with an attorney familiar with financially complex divorces. With help, you can fight for your fair share of marital assets and a final order that allows you to look to your post-divorce future with confidence.
