Palmer Rodak & Associates
Palmer Rodak & Associates
Certified Family Law Specialists State Bar of California Board of Legal SpecializationServing your Community for 19 Years
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Getting the short end of the stick in your divorce?

Like most California spouses who divorce, you likely hoped you would be able to swiftly navigate the process in as amicable a manner as possible. At first, things may have looked as though you'd be successful in achieving such goals, until you started to suspect that your spouse wasn't playing fair when it comes to the marital property. If you think your spouse is hiding assets, know that yours is not an isolated problem. 

There's not much, if anything, you can do to change another person's choices; however, there are definite steps you can take to rectify the problem of hidden marital assets. Gathering evidence and knowing where to turn for support are key factors in obtaining a successful solution to your problem.

Five signs that your spouse may be hiding assets 

On one hand, you probably don't want to think poorly of the person to whom you were married. On the other hand, you also don't intend to sit back and allow someone to take you for a ride when it comes to getting your fair share of the pie when the court divides your marital property. The following information may help you stop a hidden asset problem in its tracks: 

  • If you notice mail, such as bank statements, arriving that have only your spouse's name on them, and you have always held joint accounts, it may be a matter for concern.
  • Has your spouse been overpaying credit card debt? If you spouse has a credit card with debt but sends a payment that exceeds the debt, it may be an attempt to hide assets, as the overpayment creates a reserved balance of available funds.
  • Is money missing from your joint account? Were you unaware that your spouse was making a withdrawal? This type of incident definitely warrants further investigation if you suspect your spouse is hiding assets in divorce.
  • Did your spouse tell you that he or she is paying back a loan to a friend or family member when you did not know the person had given a loan? Some spouses hide assets this way by asking third parties to hold their money for them. They get it back after the settlement takes place.
  • If your spouse is using multiple cell phones for no apparent reason, it may be a sign that you have a hidden asset problem on your hands.

You can try to talk to your spouse about your concerns, but if they get irritated or defensive, it may serve as additional reason to look more deeply into the matter. California is one of nine community property states in the nation, meaning the court assumes you own your marital property 50/50. If your spouse hides assets, you may wind up with far less than the amount you are entitled to receive.  

Who can help? 

Not only is hiding assets in divorce poor form, it is also illegal. There's no need to go it alone when trying to hunt down hidden assets, however. Many spouses ask experienced family law attorneys to help them investigate such matters.

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Palmer Rodak & Associates
Certified Family Law Specialists State Bar of California Board of Legal Specialization

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Del Mar, CA 92014

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