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.

[light]

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.

[light]

SOLUTIONS:

Vacations are expensive, so

PROBLEM:

Your debtor is a fairly accomplished author and you’re pretty sure that he periodically receives royalties on some of his works, even though he tells you that he doesn’t earn any royalty income.

[light]

SOLUTION:

As is often the case, your debtor’s tax returns are a great place to find evidence of an asset.