Kerley & Talken PC
free consultation
Our office remains open at this time. Consultations are available via telephone or Face-Time. In-person consultations are available on a case-by-case basis. The safety of our clients and employees is of the utmost importance.
View Blog Navigation

Methods your spouse may use to conceal property

If you believe you and your husband or wife are heading for an Illinois divorce, you may no longer have the same level of trust in your partner you once did. You may suspect that your spouse is beginning to stockpile assets ahead of divorce proceedings, and if your spouse is like many others across America, your suspicions may have merit. At the Law Office of Kerley & Associates, we have a comprehensive understanding of the tactics spouses often rely on to hide assets from one another, and we have represented many clients wanting to ensure they receive their fair share in divorce.

Often, spouses rely on similar methods when they attempt to conceal assets from their partners, and some are easier to spot than others. For example, your spouse may begin making small withdrawals from your shared accounts while hoping you will not notice them. Meanwhile, he or she moves the money into a separate bank account, which may well be at a completely different financial institution. Your spouse may also unload pricy items and belongings to a close friend, while, unbeknownst to you, the two have an existing agreement to sell or transfer said assets back, post-divorce.

It is also possible that your husband or wife will utilize his or her business or job in his or her attempts to hide assets from you. For example, if your spouse owns his or her own business, he or she may intentionally delay invoicing clients for major projects until after the divorce becomes final. He or she may also create fake business expenses in an attempt to portray his or her business as a struggling entity.

If your spouse is close with his or her employer, he or she may also ask the employer to delay raises or promotions until after divorce proceedings wrap, so that the extra money does not factor in during asset division. These are just some of the methods commonly used by spouses trying to hide assets from one another. More about divorce and asset division is available on our web page.

No Comments

Leave a comment
Comment Information
Schedule A Consultation Today

Contact Us For A Free Consultation To discuss your legal matter with an attorney at our firm, call 217-814-0148 or complete the contact form below.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Kerley & Talken PC
431 S. Grand Ave West
Springfield, IL 62704

Phone: 217-814-0148
Fax: 217-523-0009
Map & Directions

Map Image