Depending on how serious the deception is in the eyes of the court, the penalties for hiding assets can include fines, jail time, and awarding The dramatic rise of cryptocurrency has led to some spouses hiding those digital assets during divorce settlements, and tracking
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Some divorcing spouses attempt to hide assets through investment in physical property. For instance, a wife purchases an antique vase for $10,000 in cash. The Hiding assets or income during divorce is illegal, carries serious penalties, and can significantly impact the final outcome of your case.
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There are a lot of schemes that people use to hide assets. In this video, New Jersey divorce accountant Robert A. Bonavito If hidden assets are discovered midway through your divorce, what happens next? Your lawyer can alert the court, request
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Hiding assets during a divorce amounts to contempt of court. A judge may issue sanctions and require the spouse who is found to have hidden assets to pay the