Michael E. Eisenberg
Call us to discuss your legal options. P 267-722-8383

Red flags for hidden money during a divorce

When a marriage in Pennsylvania begins to hit rocky waters, financial secrets can begin to grow. Some of these hidden finances can be especially troubling during a divorce, where they may originate as an attempt to deny a spouse his or her fair share of marital property. While many people are able to end their marriages without recriminations or schemes, it is important for individuals going through a more high-conflict divorce to be aware of red flags that could point to hidden funds or other financial secrets.

When one spouse's spending habits suddenly change, this could point to someone squirreling money away in a hidden account. It could simply point to new hobbies, but it can also be an indication of an extramarital relationship. Affairs can be costly, involving dinners out, hotel rooms or gifts. Some people may rent a second apartment or otherwise take on large expenses when conducting a secondary relationship. These kinds of financial changes can indicate a number of troubling problems that could indicate the end of a marriage.

In addition, when a person refuses to let his or her spouse see the bank accounts, this could indicate various problems. All of them are generally significant and could include hidden money for a potential divorce; undisclosed debts or gambling problems; or even, again, an affair. While being given an allowance may feel worry-free, it could indicate troubling secrecy that could be costly in a divorce. Other concerning indications could include repeated transfers across multiple accounts or the use of new, privately held corporate accounts to funnel money without a legitimate reason.

Finances can be one of the most important factors in a divorce settlement. A family law attorney can help a divorcing spouse uncover hidden finances and achieve a fair outcome on matters like spousal support and property division.

No Comments

Leave a comment
Comment Information
Email Us For a Response

How Can We Help You?

Bold labels are required.

Contact Information
disclaimer.

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.

close

Privacy Policy

Michael E. Eisenberg Attorney At Law

2935 Byberry Road Suite 107
Hatboro, PA 19040

Toll Free: 800-851-2534
Phone: 267-728-4535
Phone: 267-722-8383
Fax: 267-722-8374
Hatboro Law Office Map

1581 Main St.,
Suite 200
Warrington, PA 18976

Toll Free: 800-851-2534
Phone: 267-728-4535
Map & Directions