How do I hide assets in a divorce?

How do I hide assets in a divorce?

Unfortunately, some spouses attempt to hide assets before or during a divorce in order to avoid sharing them with to their soon-to-be ex. However, divorcing spouses in all states can use powerful legal tools, called “discovery,” to help them find hidden income and other assets (discovery is explained in detail below).

Can my wife take everything in a divorce?

But no court awards all of one spouse's property to another because the court must follow certain factors and considerations when deciding who gets what.

What is it called when you hide money in a divorce?

However, by hiding assets, you are taking a huge risk. First, there is a legal process in all states called “discovery,” which is a way for divorcing spouses to gather information from each other and third parties, including banks, companies, employers, 401(k) plan administrators and the like.