Robert W. Davis, Jr.,
Attorney at Law
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PUT YOUR TRUST IN EXPERIENCE:
CALL 662-269-4454

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Committing financial fraud during a divorce

On Behalf of | May 29, 2023 | Divorce |

One of the main impacts of a divorce is the financial change that every spouse will experience. This process can affect a person’s lifestyle, spending and budget, and it is essential to have a fair property division settlement in order to understand what post-divorce finances will be like. However, this is difficult when one Mississippi spouse is being uncooperative by hiding assets, being dishonest on financial disclosures and exhibiting other red flags. 

Red flags that could indicate a problem 

There are times when a spouse could act in intentional and unfair ways with the intent of depriving the other party of his or her rightful share of marital property. It is not always easy to identify the types of behavior that could indicate a problem, but it may include the following: 

  • Moving money around in order to create confusion 
  • Lying about spending and what happened to funds 
  • Paying for a lot of things in cash so as not to leave a paper trail 
  • Losing or misplacing valuable assets 

A spouse has the right to fight for honest financial disclosures and a financial settlement that is fair, reasonable and sustainable for years to come. 

Seeking the best future after divorce 

The financial aspects of divorce are complex, and it can be difficult to navigate these complicated matters alone. It is important to seek the guidance of an experienced Mississippi family law attorney to understand how to fight for the best possible outcome for the specific situation. He or she can also monitor for suspicious behavior from the other spouse and red flags that may indicate problems. 

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