February 2017 Archives

Discovering Hidden Assets During Divorce

Many people facing divorce will try to hide assets to prevent them from being distributed in the settlement. This is especially common in high-net-worth divorces. The National Endowment for Financial Education estimates that 2 out of 3 divorces involve hidden assets. Digital technology makes it more difficult to hide assets than in the past, but plenty of people still try. Learn what you can do to uncover assets your spouse may have hidden from you.

What is 'Wasteful Dissipation' of Marital Assets?

When a couple divorces, they will divide their shared assets. When a divorce is less-than-amicable, it is possible that one spouse may spend money on wasteful things so the other cannot gain the money in the divorce settlement. Hiding or concealing assets is a common behavior in divorce cases, but others may waste the money to avoid giving it to the other spouse. Whether this waste is an intentional denial of assets to the other spouse or the side effect of poor financial habits, wasting shared assets can have consequences in divorce court.

Email Us For A Response

We’re Ready to Help You
Through the Challenges Ahead

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Map Map

Midlothian Office
1 Park W Circle
Suite 201
Midlothian, VA 23114

Phone: 804-419-6551
Phone: 804-794-4900
Fax: 804-794 3703
Midlothian Law Office Map

Glen Allen Office
4050 Innslake Dr.
Suite 190
Glen Allen, VA 23060

Phone: 804-419-6551
Phone: 804-585-3100
Fax: 804-968-7907
Glen Allen Law Office Map

“You can relax, knowing you’ve made the right choice in a lawyer, and we’re going to take care of things for you.” - David DeFazio