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February 2019 Archives

Stopping financial deception in a divorce

Some spouses going through divorce in Ohio may attempt to hide their wealth in an attempt to shield it from property division. High-conflict divorces are sometimes notable for efforts on the part of one spouse to funnel away income, hide investment funds or otherwise deprive the other spouse of their stake in marital property. However, while these people are willing to deceive their spouses, they may be less prepared to file a fraudulent tax return. Divorcing spouses may learn a good deal of important information by examining tax documents.

Avoid triggers during divorce for a more secure future

For many couples divorcing in Ohio and elsewhere, it can be easy to look at the process as one that demands a victor instead of an equitable outcome. The emotional nature of divorce may lead spouses to act irrationally in order to come out on top, penalize one another or deprive one another of property and assets. This might not only affect future financial security, but it may also cause irreparable harm to children in a divorce.

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