Concealing assets in divorce is illegal, but some people still try to do it – especially when their anger, resentment or other emotions overcome them and make them feel entitled to certain assets.

When you suspect that an ex may be trying to pull one over on you and prevent you from knowing about or finding certain martial assets, below is where you can start looking.

Evidence of Hidden Marital Assets May Be In…

  1. Think your ex may be concealing assets in divorce? Here’s where to start checking, explains a Denver divorce attorney.

    Think your ex may be concealing assets in divorce? Here’s where to start checking, explains a Denver divorce attorney.

    Your mail – What you are looking for is new, suspicious mail for a partner. While this can include correspondence from a new banking institution, it may also be mail from lawyers. Similarly, if you ex is no longer getting any mail at home aside from junk mail, this could also indicate an attempt to hide assets in divorce, as it may be an ex’s way to try to prevent you from seeing any suspect mail (s)he is receiving (and instead having it sent to a P.O. Box).

  2. Safes & safety deposit boxes – In these places, look for things like bank statements, insurance policies or even retirement accounts you may not have been told about. You may even find documents like deeds or titles to property that may have been purchased with marital income but that you were not informed about.

    If you are not sure whether an ex has a safety deposit box, check a recent bank statement, and look for any rental fees on it.

  3. Fakes debts, loans or gifts – One common way that people try to conceal assets in divorce is by making fake gifts, loans or debt payments leading up to the divorce and then recollecting the money or other items once the divorce has been finalized. So, if an ex seems to have racked up a lot of debt recently or has been overly generous in making loans or giving gifts, do a little more digging to find out whether altruism (in genuinely giving) or greed and fraud (in trying to hide assets) was really at play.
  4. Tax returns – When you overpay the IRS, you will usually get the overpayment in the form of a future refund. For people trying to hide assets in divorce, this can be another sneak way to try to prevent substantial sums of money from being part of the divorce case. So check out recent tax returns and tax statements to see if an overpayment may have occurred – and to verify the income your ex claims to be earning.

Don’t Know Where Else to Look? Contact Denver Divorce Attorney Bruce H. Rabun

For more than 30 years, Denver Divorce Attorney Bruce H. Rabun has been dedicated to providing each of his clients with caring, aggressive, personalized representation and the highest quality legal services as he effectively guides them through life’s changes.

He has the knowledge and experience necessary to help you successfully resolve your divorce while preserving what is most important to you.

To find out more about how Attorney Bruce Rabun can help you, schedule an initial consult with him today by calling (303) 221-7899 or by emailing our firm using the contact form on this page. From our office in Centennial, we represent people throughout the Denver metro areas, Arapahoe County, Douglas County and Jefferson County.

Categories: Divorce