You are here: Home / Archives for fraud

Hiding Assets Part III: Red Flags That Your Spouse Is Hiding Money

During divorce when emotions are careening out of control, one spouse often believes that the other party may be hiding assets.

In 2011, The National Endowment for Financial Education (NEFE) released a study finding that 31% of people who combined finances with their significant other have been deceptive with their spouse/partner about money. Of those who committed a financial deception:

  • 58% say they hid cash from their partner/spouse.
  • 54% hid a minor purchase from their partner/spouse.
  • 34% say they lied about finances, debt, money earned.

Read article here.

Hiding Assets Part II: 8 Ways Your Spouse Can Hide Assets Before A Divorce

For those readers that have not seen “The Other Woman” it is funny, cute comedy about a terrible man (played by Nikolaj Coster-Waldau) that does terrible things to his wife (Leslie Mann), and his two mistresses (Cameron Diaz & Kate Upton). One of the terrible things he does is move assets around, robbing his wife of her financial freedom in the event of a divorce. However fictional the movie was, it opens your eyes to a very real issue; the power that someone can obtain when there is 100% trust in the relationship. Assets can be hidden and transferred, without the other partner having any suspicion. Then, when the divorce happens, they won’t even question it, because they don’t know the assets exist in the first place.

Read article here.

Hiding Assets Part I: Here’s Where Spouses Typically Hide Assets

 e

Could your husband be hiding assets? And if he is hiding assets, does that mean you won’t get the divorce settlement you deserve?

If you’re a woman going through divorce, you need to ask yourself those two tough questions, and while there’s obviously no way I can know the answers that apply in your case, I CAN tell you this:

Read article here.

Contact Us

Please use the contact form below to email Fields and Dennis LLP.

    Your Name (required)

    Daytime phone (required)

    Your Email (required)

    Brief description of your legal issue:

    Sending a message to Fields and Dennis LLP does not constitute an Attorney Client relationship. Please review our Communication Policy before sending any messages.

    Location

    FIELDS AND DENNIS LLP
    80 William Street — Suite 210
    Wellesley, MA 02481 USA
    (T) 781.489.6776
    (F) 781.489.6233

    You can also find us on…

    Recent Blogs

    Recent Firm News & Coverage

    The Boston metro family law, divorce and estate planning attorneys at the law firm of Fields and Dennis LLP are based in the Newton Wellesley area and serve the city of Newton: Auburndale, Chestnut Hill, Newton Centre, Newton Corner, Newton Upper Falls, Newton Lower Falls, Nonantum, Oak Hill, Waban and West Newton and town of Wellesley: Babson Park, Wellesley Hills, Wellesley Square Fields and Dennis also serves many clients in the Greater Boston and Massachusetts region including Ashland, Dover, Holliston, Medfield, Needham, Sherborn, Westwood, and all of Massachusetts.

    Copyright 2020 Fields and Dennis LLP

    Attorneys | Divorce Attorneys | Estate Planning Attorneys | Firm Overview |

    Disclaimer | Privacy Policy | Contact | Pay Invoice