Texan couples like you who decide to get a divorce will also have to decide how to split up your assets. Unfortunately, not every spouse is going to be honest about the amount of assets they have to give.

It can be all too easy for someone to hide assets, especially in a high-asset divorce. There is an element of “hiding in plain sight” that some people may employ, using the large number of assets you must keep track of in order to get away with hiding smaller portions.

Some common signs that a spouse may be hiding assets can include secrecy, irritability, and a refusal to show you documents such as bank account information or receipts. You may also notice that they suddenly develop a penchant for expensive items. It is a common tactic for people hiding assets to buy costly but easy-to-miss products like antiques or expensive jewelry.

Additionally, your spouse may be paying money to parties that don’t exist or paying off false debts. In some cases, a spouse will invent an employee to give paychecks to when the person doesn’t exist and the paychecks just return to themselves. In other cases, they may pretend to be paying back a debt when they are actually giving the money to friends or family members for safekeeping until the divorce is over, at which point they intend to retrieve it.

If you are concerned about the possibility of your spouse hiding assets from you, consider taking a look at our web page on divorce, linked here. You can also contact us to learn more about your options if you find your suspicions to be true.