During a divorce, assets come into focus. Spouses – both husbands and wives often take steps that could have long-term implications.
If one spouse is hiding money in a divorce, the other spouse may be denied a fair settlement. On the other hand, hidden bank accounts or stock accounts that are subsequently located through an asset investigation could result in even greater loss than if the hidden money was originally disclosed.
Take for instance a case in Tennessee. It was a high asset divorce case with a prenuptial agreement. The wife was accused of installing spyware on her husband's computer in an effort to manipulate emails to show he was guilty of marital infidelity and had unknown bank accounts.
The pre-nup said she would receive 75% of [...]