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Friday, October 7, 2011

Is my Spouse hiding money during the divorce?

As an Orlando divorce attorney, I often see marital relationships where one spouse handles the finances. This can cause a real problem if the relationship heads into divorce. If you suspect that you may be headed towards divorce or separation, protect yourself by obtaining as much financial information as possible. Prior to separating, make copies of any bank statements, tax returns, paystubs or other financial documents that you can find. Even if the documents are older, they may lead you to the financial institution where other accounts are held. For example, all banks are required to issue 1099 forms to all account holders that earn interest. When going through a divorce or separation, your spouse may not disclose all of the financial accounts. However, even if you do not find actual statements, a 1099 from a particular financial institution likely means that accounts are held at that bank. With this information, your family law attorney will know what banks to target with document subpoenas.

As an experienced Orlando divorce lawyer, I see many cases where spouses will attempt to conceal accounts or other assets during a divorce action. In those instances, you need an attorney that has experience in tracing the financial transactions and uncovering hidden assets.

If you have questions regarding a family law matter,  please contact The Law Offices of Wade P. Luther, P.A. at (407) 835-9900 or visit:

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