Articles Tagged with hiding assets

7-1024x1024What is a Financial Disclosure in a North Carolina Divorce?

When a couple decides to end their marriage, they begin the divorce process. In North Carolina, a couple must live apart for at least a year before they may seek a no-fault divorce. A no-fault divorce is based on the fact that both parties agree that the marriage is over and cannot be saved. The next step is for couples to divide their assets and debts in a fair and equitable manner. Marital property is property that the couple has obtained during their marriage.

Financial Disclosure of Assets and Debts

Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”

Couples often have some secrets from each other. When they divorce, spouses may find that the other person has hidden funds or has kept purchases hidden. Financial infidelity can impact a marriage and subsequently, a divorce. Couples who are divorcing often disagree about the settlement terms and most often, about finances. If your spouse is hiding assets from you it is essential that you know about it during the divorce. In North Carolina, assets that a couple accumulates during the marriage belong to both parties and must be equitably distributed. An experienced North Carolina divorce attorney will help ensure that you receive a fair and equitable settlement.

Board Certified Family Law Specialist Matt Arnold answers the question: ” Are overtime, bonuses, and commissions included in calculating child support?”

We live in a digital age in which practically everything can be done online, including exchanging money via cryptocurrency. Cryptocurrency has been in the news recently, but many people do not understand what that is. Cryptocurrency is changing the way that people around the world invest, store, and exchange money. It is also a way spouses might be hiding assets during a divorce. Additional information about asset division during divorce can be found here.

Board Certified Family Law Specialist Matt Arnold answers the question: “What is an Absolute Divorce?”

A recent divorce debacle playing out in the UK represents an all too common reality for some. The husband in the case, a Russian billionaire, has utterly refused to comply with any aspect of the divorce decree. Despite a court order mandating that he hand over hundreds of millions of dollars to his ex-wife, along with vehicles and artwork, the man has simply said “No”. Now his former wife is forced to continue litigation, in the hope of collecting the money that is rightfully hers.

Contact Information