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Red flags about hidden assets in your relationship

On Behalf of | Jan 14, 2022 | High Asset Divorce |

If you’re carefully watching your spouse’s behavior as you move closer to a divorce, you might notice a few things that seem out of place. It’s easy to chalk this up to the changing relationship, but it might be an indicator of something else.

For instance, many people attempt to hide assets when they get divorced because they want to avoid dividing those assets with a person they’re no longer going to be married to. There are red flags you can see that may indicate your spouse is doing this.

What do those changes really mean?

Below, we’ll take a look at some of the common things people do when they’re attempting to hide assets. Understanding what they may do and what these changes in behavior mean can help you to identify it as early as possible:

  • Your spouse is excessively controlling when it comes to your finances and claims that they need to handle everything.
  • Your spouse does not tell you the passwords for your bank account, your investments and things of this nature.
  • Your spouse deletes financial programs or insists on doing all of the financial work at the office.
  • Your spouse doesn’t tell you about purchases or begins spending money in unexpected ways.
  • Your spouse is often going on business trips and spending a lot of time out of town.
  • Your spouse has financial advisors or business partners that you’re not sure if you can trust.

None of these things guarantee that your spouse is hiding assets, and there could be an innocent explanation. But they do mean that you need to consider it and you may need to look into all of your legal options if it turns out that they are doing anything that is unfair.