US Divorce: I think my spouse has hidden assets in my divorce case.

There’s a saying “Acting the same way but with different objectives in mind.”. It’s the title of a popular Korean couple’s show, and it means “different dreams in the same bed”. No matter how long you’ve lived in the same house, slept in the same bed, under the same covers, it’s hard to know what’s on each other’s minds.

Once divorce proceedings begin with no agreement in place, one person is trying to get more from the other, and the other is trying to avoid giving more. Many people who file for divorce use a variety of methods to try to get a little more leverage in dividing property with their spouse. Some people plan their divorce years in advance to hide their growing wealth or to hide what they already have. In some cases, you may have your property stored with a third party overseas or with your significant other.

No matter how long you’ve been together, how can you possibly uncover such a sneaky stash? Who would have thought that a spouse would stash property for a divorce for years?

If you have the slightest suspicion that the other party has hidden assets, it is very important to make sure that they have fully disclosed their assets. There are a few ways you can check it first. One of them is to check the other person’s tax return. While they may be able to hide some wealth, they usually don’t want to get in trouble with the IRS, so they report relatively accurate income, etc. on their tax returns.

Another way is to check all of the other person’s bank accounts. You’ll also find information about different electronic transaction apps like PayPal and Venmo, since transactions like online money transfers have become more common in recent years. You can also find out about your spouse’s assets or hidden loans that you didn’t know about, even on documents to get a mortgage or bank loan. That’s why divorce cases require a careful review and thorough tracking of the other party’s finances.

It is very difficult for an individual to go through these divorce proceedings and uncover stubbornly hidden assets. So while it’s important to have clear evidence and documentation to convince the other party to complete the divorce process, you’ll need the help of a skilled and experienced attorney to uncover all of those hidden assets and get them divided. 이혼 절차에 대해 궁금하신 점이 있으시면 mail@songlawfirm.com으로 문의해주시기 바랍니다.

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