As Bitcoin surges in value once again, divorcing spouses may be tempted to convert cash into electronic currency. Finding it can be harder than finding cash, but if you do find it, you can make a comparatively fast case that your spouse is undercounting assets.
Photo: FlippyFlink, CC BY-SA 4.0 via
For women wondering whether their ex-husband (or soon-to-be ex) is hiding assets on them, rest assured that you are not alone.
According to a new white paper put out by Francis Financial, a wealth-management firm that specializes in advising women, 63 percent of women the firm surveyed “felt strongly that their husband was hiding
It may all come crashing down, but if it doesn’t the cryptocurrency market is your newest headache in trying to find hidden assets.
Long written off by many as a joke, cryptocurrencies are still dismissed by many as a bubble waiting to burst. Just the other day, the Wall Street Journal ran this piece arguing
Clients come to us all the time with the suspicion that their spouse has stashed assets offshore. The problem is that they are not sure where.
If there is one thing that is as difficult as getting money returned from an overseas location, it can be figuring out which overseas location we are even going
In honor of today’s $1.5 billion Powerball jackpot, we bring to the top the piece we wrote nearly three years ago, Jackpot! Finding Lottery Winnings.
The executive summary of that entry is that lottery winnings are federally taxable and therefore harder to conceal than other kinds of assets. If you can subpoena a tax return
We’ve heard of people stowing money beneath the mattress and under floorboards before, but we recently came across this article about the family of convicted Ponzi-schemer Ron Wilson hiding Wilson’s money for him in ammunition canisters. That’s a new hiding spot for us.
Wilson’s brother, Tim, and 
estranged wife, Cassie, pleaded guilty last month to
PROBLEM:
You are fairly certain your debtor has a life insurance policy and you are worried he may try to cash in on it before you get divorced.
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SOLUTIONS:
The law surrounding life insurance policies in divorce can be confusing and fact-specific. Whether or not a life insurance policy is separate or marital property
PROBLEM:
For years, you have heard your debtor complain about a lawsuit between him and his former business partner. You suspect that the case is nearing a close, and that the debtor may receive a sizeable payout. The debtor tells you that the case is worth nothing and that, after paying his legal fees,
PROBLEM:
Your former spouse disappears for weeks on end, telling you that she’s been travelling for business. You suspect that she is really dissipating marital assets by jetting off to Paris or Napa, her favorite spots for a romantic getaway, and taking her new beau along for the ride.
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SOLUTIONS:
Vacations are expensive, so
Gossip sites were all abuzz last week with news of rapper Lupe Fiasco’s legal battle with Inita Patton, the estranged wife of convicted drug kingpin and Fiasco’s mentor, Charles Patton. The court filings have yet to be released to the public, but reports say that as part of her divorce action against Patton, Inita sued