The Wall Street Journal published an article showing how technology is impacting the ability to hide marital assets in divorce. According to Ken Altshuler, president of the American Academy of Matrimonial Lawyers, ”the trail left by files on a computer is etched onto a hard drive somewhere, just waiting to be discovered.” Before trying to obtain evidence, you should always consult with your attorney as obtaining information illegally can impact you in court or lead to fines or jail time.
The article also summarizes some statistics on marital mischief from sources such as the National Endowment for Financial Education, Lawyers.com, the American Academy of Matrimonial Lawyers, and American Express.
- 31% of adults who have combined assets with a spouse or partner say they’ve been deceptive about money.
- 58% of these adults say they hid cash
- 34% of them say they lied about finances, debt or money earned
Read the entire article here: http://online.wsj.com/article/SB10001424052702304356604577337743171120240.html?mod=googlenews_wsj