What is divorce law in California?

What is divorce law in California?

Couples going through a divorce must decide how to divide their property and debts—or ask a court to do it for them. Under California’s community property laws, assets and debts spouses acquire during marriage belong equally to both of them, and they must divide them equally in a divorce.

How do you find money your spouse has hidden?

Investigate credit card payments A careful analysis of bank statements also can reveal red flags that your spouse is hiding money. Look for wire transfers or electronic payments to accounts you don’t recognize. Also check credit card statements to see where the payments are coming from.

Can my husband hide assets?

As part of the divorce process, both spouses are required to disclose all of their financial assets. However, sometimes one of the spouses may not fully disclose all of their assets. However, other times a spouse may hide assets because they do not want to share those assets with the spouse they are divorcing.

Is it illegal to hide assets in a divorce?

Hiding assets during a divorce is sneaky, unethical and illegal – and it happens much more frequently than most women suspect. Many couples have complex financial portfolios. Not only can this be used to help determine alimony and child support, but it also serves as a tool to help detect hidden assets or income.

What are the consequences of hiding assets during divorce?

If your spouse does not disclose sought after documents as required by the Court Rules, they may be faced with a Court Order at a later date precluding them from being able to rely on it or worse may be found to be in contempt of Court and ordered to pay be ordered to pay costs and, worst of all, their case may be …