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asset division Archives

The ways a spouse may be hiding assets

In a number of our posts, we have highlighted the importance of being prepared before going through the process. This is includes being financially and emotionally ready for a lifestyle change not only for your sake, but for your children’s as well. However, the complex intertwinement of emotions and finances can be so difficult that a spouse may be able to hide assets without being discovered.

Secrets of a secret stash

We have all heard jokes and comedy routines about wives having a “secret stash” or a “rainy day fund” that can fund girlfriend trips or shopping sprees, but we often get questions about whether it is beneficial to have such a fund in the event of a divorce.

A clever way to enforce financial agreements in divorce

Going through a divorce is tough enough for many parties wanting to move on from their spouses. Enforcing a new divorce decree can be an entirely different battle, especially when it comes obtaining compliance with financial orders (e.g.  spousal support, child support). For example, according to U.S. Census Bureau data, a majority of those awarded child support do not receive the full amount awarded.  

What can I include in my prenuptial agreement?

News about celebrity prenups rarely disappoint, especially given the odd provisions that they commonly come with. For instance, they may come with weight restrictions, infidelity clauses, and rules about in-laws. But with more people waiting longer to get married, chances are that they will want prenuptial agreements to protect the wealth they have amassed before tying the knot.

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