Most states are no-fault (50/50), but if and when can my spouse start playing with investments and other financial assets that might make things not end up truly 50/50?
If you have already initiated divorce proceedings there are automatic orders in place, he can't cook the books so to speak. Consult with an attorney to protect your rights.
No, he can't hide assets in a pending divorce case. Pursuant to the Automatic Court Orders things should remain essentially as they were during the marriage. It prohibits parties to transfer, assign, dispose, etc. any property without the other party's consent. The exception is expenses for ordinary household expenses and reasonable attorney's fees. During the discovery phase, parties should exchange all the financial documentation and if you see some irregularities, you should file a motion for contempt. Good luck!
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No! I agree with the answers already given. Unfortunately, some spouses attempt to hide assets before or during a divorce in order to avoid sharing them with to their soon-to-be ex. However, divorcing spouses in all states can use powerful legal tools, called “discovery,” to help them find hidden income and other assets. Even if you don't have ownership rights in your spouse’s separate property, it’s important to account for all of it because a court may consider the value of both spouses’ separate property when deciding how to divide marital property and debts. Hope this helps--and best of luck to you!
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I agree with the answers above, but wanted to add that with investments and such assets that may fluctuate in value day-to-day, you will need to decide as of what date you will be valuing the asset. This could be the date your divorce is finalized, or an earlier date. Also, 50/50 doesn't mean that you will necessarily split each asset/ account in half, but rather that you would each be assigned half the total value of all marital assets.
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