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When your spouse is hiding assets, where should you go to look?

On Behalf of | Nov 7, 2017 | Blog

Divorce is difficult, and for many Texas couples, it brings out conflicts and strife over various issues. One of the most commonly contested issues in a divorce is over property division and money. In some cases, property division is especially complex, and you may think that your spouse has gone so far as to hide certain assets from you. The attempt to hide assets is a maneuver to hold onto marital property that is supposed to be subject to division in the divorce.

Hiding assets is something that occasionally happens when there are significant assets or wealth at stake. Despite the fact that you believe your spouse is attempting to be unfair and prevent you from leaving the marriage with your fair share, there are things that you can do to fight for your interests.

Playing hide and seek in your divorce

When there are hidden assets holding up the process of equitably dividing marital property, you may feel overwhelmed and confused about what you should do next. Fortunately, there are ways you can deal with this unfair action, starting by turning to the guidance of an experienced legal ally. With help, you can employ the following actions to fight for your share of all marital property:

  • Look closely at all voluntary disclosures: Both spouses should voluntarily provide disclosures of all assets. You should carefully and thoroughly evaluate these to ensure that nothing important is missing.
  • Request more disclosures: If there is something missing from the voluntary disclosures or you suspect there is more hidden, you can demand that your spouse provide further disclosures about his or her assets. Your spouse would be legally bound to respond to this demand.
  • Ask for additional information during a deposition: In some cases, it may be appropriate to depose your spouse before you even go to court. What he or she says can be evidence you will be able to use in court.

You would be wise not to play hide and seek with hidden assets on your own, but to turn to the guidance and support of someone who knows what is at stake and knows how to protect your rights.

Your financial future after divorce

Divorce will certainly impact your financial future, but this does not mean that you do not have the right to fight for an outcome that allows you to have a prosperous future. With the right support, you can work to discover hidden assets and secure the marital assets to which you have a rightful claim.