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Methods wives use to hide property

If there is trouble in your Texas marriage, you may begin to mistrust your partner, particularly if you believe she might be trying to conceal assets from you ahead of a possible divorce. Unfortunately, the practice is quite common, with one party in a marriage often trying to give his or herself a financial edge in the event that the marriage comes to an end. At the Law Office of Brian Turner, we are well-versed in the various methods spouses sometimes use to hide assets from one another, and we have helped many clients uncover hidden property and get their fair share during divorce.

Per Huffington Post, some of the methods your wife may use to hide assets from you are more obvious than others. She may simply open a new bank account, often at a separate financial institution, in her name only, and then direct all correspondence from that bank to an office, separate email account or what have you. She may also “sell” expensive belongings to a friend or family member, with an existing agreement in place that your wife will get those items back after the divorce.

Other methods your wife may use to hide money from you may be less obvious. For example, she might overpay the Internal Revenue Service on purpose, so that she is ahead of the curve next year, once the divorce becomes final. She may also intentionally delay invoicing or collecting payments from business clients so that this additional money does not factor in during divorce proceedings.

These are just some of the sneaky methods wives sometimes use to hide assets once their marriages begin to fail. More about divorce and fair asset division is available on our web page.

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