ancientnet.com ancientnet.com
Search:    Site Home :> About Us :> Privacy :> Terms of Service :> Add Your Link :> Add Article   
 
 

Inviting Women Into Your Life Eliminates Women Who You Were Not Going To Attract AnyWays

Many guys when first introduced to the concept of inviting a woman into your life instead of on a da ... - Teddy Shabba
 

Orgasm & Early Ejaculations - Sex is a Serious Thing!

Url Not found" - Amy Guven
 

Kept Women/Trophy Wives

Why do some older wealthy men love younger, beautiful women? What happens when these younger women b ... - Sashakay Fairclough
 
 

Men's Thong Underwear

Men?s thong underwear is a narrow piece of cloth or even leather sometimes, that passes between the ... - Kristy Annely
 

Friends with Benefits - Can It Work?

Is there ever such a thing as "No Strings Attached?" Can a friendship between two people withstand c ... - Al Rodricks
 
 

Site Home » Fashion & Relationships » Divorces & Separations
 

Divorce and Hidden Assets

 
Author: Jean Mahserjian

Not surprisingly, assets are often hidden in a divorce situation. Why - well simply greed, or the feelings of betrayal or anger at the need to divide assets in the divorce, or the fear of not having enough after the divorce all motivate the behavior of hiding assets.

In divorce, the parties assets are divided. Under the divorce laws of some states they are divided equally and under the divorce laws of other states, they are divided "equitably" or fairly. Equitably often means equally to overworked divorce judges.

There is no way to know in advance if your spouse has or will hide assets in a divorce. You know your spouse better than your divorce attorney will and you will need to alert your attorney to the possibility of your psouse hiding assets. Before you get to that point, however, there are some easy steps to take to prevent your spouse from being able to hide assets. Those steps include finding out everything you can about your assets before divorce.

Before you alert your spouse that you are considering divorce, you need to complile and/or stockpile documentation about all of your assets. If you do not have knowledge of your marital assets, it is time to find out what is there. If bank and other statements come to the house, open them and write down account numbers and balances. If you have access to the cancelled checks, copy those as well. It is not unusual for a spouse who is planning a divorce to transfer money to friends or relatives with the plan being that they will give that money back after a divorce is finalized. So, you should review those records and carefully scrutinize all large or suspicious transfers that take place in the two or three years prior to or just after the filing of a divorce action.

Make sure that you know where the copies of your income tax statements are. If your spouse has a business, make sure you have a copy of several years of tax returns for that business. All of these documents can be copied and hidden safely somewhere outsided of the house in the event that you need them. Taking these simple pre-emptive steps can mean the difference in obtaining a fair settlement in divorce. It will also be incredibly helpful to your divorce attorney to have this information in advance.

If banking and other statements and financial records are not kept at or mailed to your house, you will need to obtain those records in other ways. You can contact the IRS to obtain copies of any tax returns that you signed. Request copies of those returns and have them mailed to a different address - either a friend or relative or your divorce atttorney. If there are returns that you have not signed, such as business tax records, you will not be able to obtain copies of those returns from the IRS. If you have access to your spouse's place of business, you may be able to find those tax returns there. If you are worried about your spouse hiding assets in a divorce, you really do need to find those returns and make copies of them - for as many years as possible.

If you have valuables, antiques, jewelry, art or other collectibles in your home, catalog all of them and if you have appraisals, make copies. It is not unusual for those items to disappear or even to be pawned by a spouse in need of more funds.

If you suspect that your spouse has engaged in some divorce planning and is hiding assets, let your divorce attorney know. Ask your divorce attorney to subpoena records from any other idividual or entity who could be involved in assisting your spouse in hiding those assets. If need be, your attorney can use the services of an investigator to help to obtain financial records that have been withheld.

Author Bio:
Jean Mahserjian is a notable scripter. Jean likes to pen down articles about this field.
You can search for this article using: divorce advice, divorce papers, divorce records, divorce lawyer, divorce forms, separation & divorce
 
 
 

Related Articles

 
Wedding Flowers: Getting Fresh Flowers for Less
 
Thinking On My Future Wedding Hairdo
 
Tips for Reducing Wedding Stress
 
Want To Be A Success In Dating? Use Your 5 Senses
 
San Diego divorce and child custody problems
 
Cosmetics Giant Touts Beauty, Power of Hyaluronic Acid
 
Independence Day Costumes! Celebrate America's Birthday In Costume Style
 
Rules of Play: What to Know Before You Begin
 
Help! I'm Single for the First Time in Years!
 
Good Wedding Photography - The Crap Snap
 
 
 
Free 3 way links
 
 

Computers & Software

 

Online & Board Games

 

Realty & Property

 

Society & Issues

 

Employment & Careers

 

Medicine & Treatment

 

Travel & Accommodation

 

Online Shopping

 

Business & Companies

 

Self Help

 

Fashion & Relationships

 

News & Events

 

Creative Arts

 

Science & Space

 

Hygiene & Health

 

Recreation

 

Teens & Kids

 

Sports & Adventure

 

Academics & Education

 

Food & Recipe

 

Vehicles & Automotive

 

Finance & Banking

 

Garden & Home

 

Politics & Government


 
Site Home :> Privacy :> Terms of Service
Copyright © 2008 www.ancientnet.com