The Law Offices of James A. Cuddy, LLC

Four things that should make you suspicious about your money

One of the most common issues in divorce proceedings has to do with money that comes up missing, or the discovery of secret assets or payments that have been siphoned from a joint bank account. It is hardly unusual to discover physical infidelity in a marriage, but learning about financial infidelity could be even more painful.

However, finding out about this type of infidelity may be easier said than done. Because of this, we offer the following tips to ferret out your suspicions. 

Bills not being paid – If you have monthly obligations that are normally on auto-pay that are suddenly past due or have services in danger of being cancelled due to non-payment, financial infidelity could be to blame.

A spouse not allowing access – When your spouse becomes defensive about you wanting to see the bank or credit card statements, this could be a sign that he or she is hiding something; another sign of financial infidelity.

Strange charges on statements – Unusual or unrecognizable charges on your credit card and bank statements could signal physical infidelity, but they may also be considered financially misleading.

Misdirection of statements – When statements that are normally sent to the home are suddenly sent to an office, P.O. box or someone else’s house, this may be the sign of deception.

These suspicious acts, and others like them, could have a significant effect on divorce proceedings and may lead to court-ordered penalties for unscrupulous spouses. If you have questions about discovering deception and how it may affect your divorce, an experienced family law attorney can help. 

Source: Bankrate.com “Financial Infidelity: Are you a cheater?” 

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