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New York Divorce Blog

Blog 2021 May Are You Being Kept in the Dark About the Family Finances?
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Are You Being Kept in the Dark About the Family Finances?

Posted By Lois M. Brenner, Esq. || 17-May-2021

Are you denied the right to see banking or investment statements? Are you told to sign a tax statement without reading it? If so, your spouse is controlling you, keeping you in the dark and is probably hiding assets.

At many of my seminars over the years, as a divorce attorney and psychologically trained mediator with over 35 years of experience, I have advised couples getting married to pay attention to the family finances. Both parties should know about the assets, taxes, real estate, etc.

I encourage spouses not to be passive about this right in a marriage. It could turn out you are married to someone who is controlling and wants to keep you financially in the dark. A lot of people accept this behavior on the part of their spouse and they shouldn’t. I always advise both parties to take an active role and be an equal partner in all aspects of their marriage.

It is your right as an equal partner to participate in making financial decisions, paying the bills, and maintaining financial records. Keeping your finger on the pulse of your finances will also puts you in a much better position if your marriage should unfortunately end in divorce.

If you are considering divorce, it is important to prepare yourself and it is in your best interest to know as much as possible about your finances.

What are some of the telltale signs assets are being hidden?

1. Your spouse is secretive about money;

2. Your spouse demands and maintains control over money;

3. Financial statements that once came to the home, disappear or are sent to the office;

4. New financial accounts have been opened without explanation;

5. Your spouse has opened a PO box;

6. There have been some new “flashy” purchases (cars, watches, boats);

7. You are asked to blindly sign documents without reading them first;

8. Your spouse’s behavior has changed in how financial documents are filed or stored.

What types of assets can be hidden?

1. Money (cash);

2. Stocks;

3. Bonuses;

4. Pensions;

5. Real estate;

6. Inheritances;

7. Trusts;

8. Cars, boats, antiques (housed by family and friends).

With over 35 years of experience as a divorce attorney and psychologically trained mediator, I can tell you, if you suspect your spouse is hiding assets, it’s probably true!

If you are concerned and fear your spouse is hiding money, and divorce may be where you are headed, call me. I can guide you on what to look for, how to investigate, and most importantly how to get financially prepared.

It is wise to know where all the assets are so you can get the best financial outcome in your divorce. Let us help you.

My team of forensic experts are some of the very best! Call us today so we can help you find your assets! 212.734.1551

Our FREE 1 HOUR CONSULTATIONS are very informative and conveniently conducted virtually to reduce risk!

I look forward to speaking with you.

Stay healthy and safe.

Warm regards,

Lois

Call New York Divorce Attorney Lois Brenner Now to schedule your FREE consultation!

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Lois M. Brenner, Esq.

Lois M. Brenner, Esq. New York Divorce Attorney 12 East 86th St,
Suite 1230,
New York, NY 10028

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