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What to Do if You Think Your Spouse is Hiding Money in Your Divorce

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  • Опубликовано: 25 сен 2022
  • How do you know if your spouse is hiding money from you in your divorce? It's a question that a LOT of people ask. But looking for hidden money in a divorce is expensive. It takes time, money and resources.
    In this video you'll discover a framework you can use to help you figure out whether it makes sense for YOU to look for hidden assets in your divorce.
    RESOURCES AND LINKS:
    (To get more detailed information about how to discover if your spouse is hiding assets in your divorce, CLICK THE LINK below.
    -----------------------------------
    karencovy.com/...
    -----------------------------------
    Lots of people worry that their spouse is hiding assets in their divorce. But looking for hidden assets only makes sense if the amount you stand to gain if you find them is greater than the amount you stand to lose by looking for them.
    The trouble is, since the assets you think your spouse hid are (by definition) HIDDEN, how can you KNOW if there's enough hidden to make launching an investigation worthwhile?
    You start by examining 3 things:
    1. Opportunity - Did your spouse have the opportunity to hide money in your divorce?
    2. Ability - Does your spouse have the ability to hide financial assets and/or physical assets in your divorce? and
    3. Character - Does your spouse have a history of being deceptive in your marriage? Or, has your spouse been more or less honest during your marriage?
    If your spouse had the opportunity, ability, and (lack of) character it takes to hide money in a divorce, then you need to look for red flags that will show you there's hidden money.
    Some of those red flags are:
    1. Your spouse is purposely keeping financial information from you;
    2. You suddenly notice large cash withdrawals being made from your bank account.
    3. Your expenses mysteriously increased for no reason that you can figure out.
    4. Your spouse claims his/her income has suddenly gone down, or his/her business is tanking for no apparent reason.
    5. You notice credit card payments to people/businesses you've never interacted with while your marriage was intact.
    These and other red flags may be enough to warrant a further investigation.
    If you do decide to take the next step and look for hidden money in your divorce, you'll need to do two things:
    1. Gather a LOT of financial information (NOTE: If you don't have the information you need you may have to have your lawyer subpoena it. You may also need an investigator to locate it); and
    2. Hire an expert (a forensic accountant or CPA) to analyze the data.
    Ultimately, you can plow a lot of time and money into an investigation that may or may not bear fruit. That's why one of the most important questions you can ask yourself in your divorce is whether you want to dig for hidden money in your divorce ... or not.

Комментарии • 14

  • @cindyweinstock4868
    @cindyweinstock4868 Год назад +3

    My husband of 44 years is a CPA. He files our joint tax return, signs my name to it, and I never see it. He often said that if we were to get divorced, he would manipulate the numbers so that no one can trace what he has done. I don't trust him.

    • @karencovy95
      @karencovy95  Год назад +3

      On the one hand, that sucks! On the other, at least you know in advance what he's going to do. Now you have time to prepare and make sure you're ready in advance. Your preparation can make a big difference!

  • @user-eo2ji2qo8v
    @user-eo2ji2qo8v 8 месяцев назад

    My big and me come from mechanics and maintenance men. Me where taught to do side job's for cash.Never put it in the bank.Keep that cash hidden. MY Brother been doing side job's for decades. When he got divorced he left the house with a smile 😊

  • @ViralContentVoid
    @ViralContentVoid Год назад +1

    I need help. Extremely bad. I deserve a fair play in my divorce. I've been here since day one for my children and I make sure they are taken care of in all aspects. I need help please if I can ask a few questions...

    • @z040880
      @z040880 Год назад

      You're a man so you're screwed buddy.😔

    • @ViralContentVoid
      @ViralContentVoid Год назад +1

      I have custody of my kids as of two days ago! You would be surprised how fast things change

    • @MRkriegs
      @MRkriegs Год назад

      ​@@ViralContentVoid awesome!

    • @JoyLady-1966
      @JoyLady-1966 Год назад

      Respond 😊

  • @michaelglisson5764
    @michaelglisson5764 Год назад

    So what some of the stuff I can do

    • @karencovy95
      @karencovy95  Год назад

      Watch this for ideas. ruclips.net/video/15BYIk38QL4/видео.html.

  • @CosmosChill7649
    @CosmosChill7649 9 месяцев назад

    With a >80% divorce rate in prosperous communities, alimony is male harassment and is outdated

    • @karencovy95
      @karencovy95  8 месяцев назад

      I'm sorry you feel that way. (FYI, you might want to check your stats. The divorce rate isn't that high ... at least according to the statistics I've seen.)

  • @Carib6855
    @Carib6855 7 месяцев назад +1

    First question is did you earn it