What is financial infidelity in a marriage?
What is financial infidelity in a marriage?
Financial infidelity is the act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt without the knowledge of one’s spouse, partner, or significant other.
What if husband hides money during divorce?
If a spouse is caught hiding assets, the court may require them to pay the spouse’s share of the assets to them. For example, if $10,000 in marital assets were hidden, the judge may order the spouse who hid the assets to pay $5,000 to the other spouse.
How do I protect myself financially before divorce?
If divorce is looming, here are six ways to protect yourself financially.Identify all of your assets and clarify what’s yours. Get copies of all your financial statements. Secure some liquid assets. Know your state’s laws. Build a team. Decide what you want — and need.
What should you not do before filing for divorce?
Here are the top 10 tips on what to avoid when filing for divorce.Don’t Get Pregnant. Don’t Forget to Change Your Will. Don’t Dismiss the Possibility of Collaborative Divorce or Mediation. Don’t Sleep With Your Lawyer. Don’t Take It out on the Kids. Don’t Refuse to See a Therapist. Don’t Wait Until After the Holidays.
