Sentences with phrase «spouse hides assets»

If one spouse hides assets or lies during the divorce proceedings, the courts may impose sanctions on the spouse, meaning the court may require her to pay money to the other spouse.

Oregon is also somewhat unique in that if either spouse hides assets during discovery, the injured spouse can reopen the divorce case years later when and if the assets are discovered.

Finding out after your divorce that your spouse hid assets from you can result in a decidedly sinking feeling, especially if those assets are of significant value.

You may have discovered that your spouse hid assets, which justifies setting aside a property settlement; or you might have found evidence that your spouse misrepresented her needs or income, which might support striking an agreement on alimony.

If you discover your spouse hid assets, you can reopen your settlement agreement in civil court until this statute of limitations expires.

If you're concerned about physical safety, child custody arrangements, access to your property, or the risk of your spouse hiding assets during your divorce, a restraining order may be what you need to protect yourself.

Not exact matches

Although parties have a duty to provide full disclosure of their assets in a divorce, the anonymous nature of cryptocurrencies potentially make them a safe haven for spouses wishing to hide their money from a warring partner.

«Cryptocurrencies make things complex if you have a spouse who's determined to hold on to their money, same as if they were hiding assets overseas,» Victoria Clarke, a solicitor at Stowe Family Law, said in an interview.

They warned that delays in the seizure of criminal assets meant many criminals were able to «salt away» valuable assets by putting them in the hands of spouses, hiding cash overseas or buying houses or expensive cars.

Attorney Winner also has significant experience locating hidden assets from spouses who are unwilling to be honest during the disclosure process.

If you suspect that your spouse has hidden or transferred assets illegally, Attorney Winner can work with forensic accounting experts and other professionals to track down these assets to ensure they are divided equitably according to Kentucky's property division laws.

In a divorce, a spouse with a lot of wealth may try to hide assets in order to make their income appear lower than it is, and so that these assets will not be a part of the Tennessee equitable distribution award.

Andrea McLaren, head of Grant Thornton's London matrimonial practice says one of the survey's most surprising results was the fall in the number of couples who tried to hide assets from their estranged spouse.

Specifically, Attorney Winner's experience in asset protection issues, business valuations, and discovering hidden assets have earned him a reputation as a strong advocate cognizant of the unique needs of affluent professionals or their spouses.

It doesn't take an offshore account for one spouse to hide assets from the other, so it's not an uncommon occurrence in divorce cases.

Your spouse may try to hide assets from you, or transfer assets to a third party.

Seeking an accurate account of all assets may also reveal hidden assetsthat were not reported or transferred prior to divorce in order for a spouse to avoid dividing the true marital estate.

A lawyer can help you better prepare your documents and protect you in case your former spouse is hiding income and assets.

If you reasonably suspect that your spouse may be hiding assets, it is in your best interests to consult with a lawyer.

In some instances, our clients have suspicions that his or her spouse is hiding assets in an effort to protect them from being part of the divorce agreement.

Spouses need to be cautious that they are not overlooking hidden assets in divorce proceedings where marital or community property will be divided.

Unfortunately, some wealthy spouses think that they can hide their assets — placing them under the control of companies, or moving them offshore.

If a case is highly contested, and / or one spouse has a history, for example, of hiding or dissipating marital assets, subpoenas of bank accounts and other financial statements can be obtained to help the court determine an award of equitable distribution when one spouse refuses to provide documentation evidencing same, or if the court or your divorce lawyers in Brooklyn have reason to believe that your spouse is not being entirely truthful in his or her disclosure of these assets.

There is also the possibility that your spouse is hiding assets (this is more likely if they are the ones initiating the divorce and it is a surprise to you, or if divorce has been discussed by the two of you previously).

Not all states require a listing of assets and debts in a separation agreement; however, the practice protects both spouses in case assets or debts were forgotten or hidden at the time the agreement was negotiated.

When deciding what each spouse is entitled to, the court will consider each spouse's age, length of the marriage, value of each spouse's assets, each spouse's role in the marriage (wage earner vs. homemaker), and whether either spouse attempted to destroy, hide or improperly sell any marital asset in contemplation of the divorce.

This fact provides ample opportunity for either spouse to hide assets and income.

The agreement should state that any property not addressed in the agreement remains frozen until property division is addressed during the divorce, to keep either spouse from selling and / or hiding assets.

Many times a spouse thinks that the other spouse is hiding assets.

If your spouse is or you feel he or she is contemplating hiding marital assets, you will be one up on them by having this information.

There is a major drawback to having a separation agreement; if you have a devious spouse then he can hide and dissipate the marital assets during the separation period.

Thereafter, once the parties scrape up some money to pay up the mediator's bill, then the legal issues may have changed, and the richer spouse has had more time to hide or dissipate the marital assets.

Is my spouse going to move money around, empty bank accounts, or hide assets?

You could see informational imbalance; for example, when a spouse does not disclose a hidden asset in divorce mediation.

However, many judges will do so if it is later discovered that a spouse intentionally hid assets.

Reason Three — You're Afraid Your Spouse Is Hiding Assets — There are plenty of times I've seen hidden bank accounts, shell corporations and even an out of wedlock child pop up in a divorce case.

Not all divorce cases require this kind of analysis; however, if there is any doubt about a spouse's income or there is a concern about «hidden» assets, this type of review may provide a more accurate picture of the couple's finances.

Fast Facts: Hidden Assets Because a divorce is very emotional and personal, people often try to hide assets in order to keep them away from their divorcing sAssets Because a divorce is very emotional and personal, people often try to hide assets in order to keep them away from their divorcing sassets in order to keep them away from their divorcing spouse.

On the other hand, if your spouse is hiding assets or making unreasonable demands, you may end up having to use divorce litigation and fight in court.

If you are concerned that your spouse may try to hide assets or income, you may be thinking taking your divorce to court is your only chance at a fair outcome.

Your spouse may be inclined to hide assets during the divorce for fear of an unfair outcome in the...