During divorce, a central part of the process will involve evaluating and dividing up the marital assets between the divorcing parties. Although this aspect of the divorce process can generate some very heated disputes, things can get far more complicated when one party may be hiding assets in divorce.
In addition to being deceptive and unethical, hiding assets in divorce is illegal – and it can serve as a basis to render final divorce decrees invalid. Nevertheless, people still try to do it, and being aware of the signs of hiding assets in divorce can be crucial to knowing when to take further action, such as investigating the incident and bringing the matter to the attention of the court.
Taking a closer look at this issue, in this three-part blog series, we will point out some of the more prominent signs that an ex may be hiding assets in divorce. If think your ex may be trying to commit this type of fraud – or if you simply want the best representation for your upcoming divorce, you can turn to the experienced Littleton divorce lawyers at Bahr, Kreidle & Flicker.
Red Flags an Ex Could Be Hiding Assets in Divorce
Sign #1 – Shared financial documents start disappearing.
Commonly, people keep important financial documents – like bank statements, ownership titles and tax documents – in a single secure place. If this is the case for you and you start noticing that some or all of these financial documents are disappearing, this could be a sign that your partner may be hiding assets in divorce. A few of the reasons for this are that, by taking these documents and depriving you of them, your ex can effectively prevent you from being able to obtain an accurate concept on your marital financial situation.
Sign #2 – Significant mail for your ex stops coming to your home.
Have you noticed that your ex is no longer receiving important mail at home? If so, this can be another indication of hiding assets in divorce. In fact, when a former spouse sets up a P.O. Box or starts getting his or her mail sent to some location other than your home – despite the fact that (s)he still lives at home, the underlying motivation can be to prevent you from:
- Knowing about certain accounts or assets
- Seeing the balances in bank accounts and/or retirement accounts
- Having any real knowledge about his or her financial affairs.
So, you may want to start asking some questions if your ex stops getting any mail at home.
To get more info regarding the signs of hiding assets in divorce, look for the second and third parts of this blog series that will be published soon. Or simply contact us today.
Littleton, Colorado Divorce Lawyers at Bahr, Kreidle & Flicker
Are you getting ready to file for divorce? If so, it’s time to contact the experienced Littleton divorce attorneys at Bahr, Kreidle & Flicker. Since 1983, we have been providing our clients with the best divorce representation so that they can achieve successful resolutions and move on with their lives.
By working with the trusted Littleton divorce attorneys at Bahr, Kreidle & Flicker, you can be confident that your divorce will be resolved as favorably and efficiently as possible.
Contact Us Today
To get more information about your best options and how we can help you, meet with us for a free, no obligations initial consultation. To set up a meeting, call us at (303) 794-7422 or email us using the contact form on this page.
From our law offices in Littleton, we represent clients throughout Colorado, including in the Denver Metro Area, Arapahoe County, Adams County, Jefferson County and the cities of Lakewood, Highlands Ranch, Lone Tree, Castle Rock, Westminster, Centennial and Aurora.