Money secrets during divorce are all too common. In a very high percentage of divorces, one or both spouses are concealing information about the finances and actively hiding money. In some cases, money has always been a problem in the marriage. In other cases, it’s a matter of one person getting greedy and entitled in the divorce process.
The divorce process generally requires full disclosure of the finances by both spouses. You will likely have to fill out a financial disclosure form that lists all of your income, expenses, assets, and debts. This form is called by different names in different states, and sometimes it’s even multiple forms. But either way, you’ll have to provide divorce court with a lot of financial information during your divorce.
What do you do if your husband is keeping money secrets from you?
The key is understanding your family’s money. You must get as much information as possible about the finances, and this information will come from account statements, tax returns, and other financial documents. You should assume that you cannot trust what your husband is telling you about the money.
If he is telling the truth, that’s great. But if the statistics are accurate, he probably is not telling you the truth. You owe it to yourself to find the right information on the numbers from financial documents.
Thinking about gathering a lot of financial documents and looking through them for the truth (versus your husband’s lies) may seem overwhelming right now. But it doesn’t have to be.
We have created a process to go at this simply, quickly, and methodically. It starts with getting the right financial documents. You can learn how to do this with our Divorce Money DOCUMENTS mini-course. In less than an hour, you will know exactly what you need to do, and you’ll have the tools and worksheets to get it done.
