What Happens if my Spouse Starts Hiding Assets?

Florida Attorney Sergio Cabanas discusses the emotional and legal components of the situation wherein the other spouse starts hiding assets.

00:00 Introduction
00:07 What Happens if my Spouse Starts Hiding Assets?
02:43 Outro

Para la version en español, ver aquí:
¿Qué sucede si mi cónyuge comienza a ocultar bienes?

***Please note that the information in this video is not an adequate substitute for a consultation with an attorney who is knowledgeable in this subject area and could review the specifics of your individual matter and determine how the law would apply in your particular case.***

Sergio Cabanas, Esq. has been practicing law since 1991, after graduating from Washington College of Law in Washington D.C. Attorney Cabanas is admitted to practice in the State of Florida and the U.S. Court for the Southern District of Florida and the U.S. Bankruptcy Court. He founded the Divorce and Mediation Law Firm in 2006.

The Divorce and Mediation Law Firm focuses on Divorce, Mediation, Child Custody, Child Support, Alimony, Prenuptial Agreements, Post-nuptial Agreements, Domestic Violence, and Post-Divorce Related issues.

The firm has three locations: Pembroke Pines, Weston, and Sunny Isles Beach in South Florida. If you would want to consult, you can reach the firm through [phone]. We are open from 9AM to 5PM, Mondays to Fridays.

Service Areas:

Broward County:
Pembroke Pines • Weston • Miramar • Cooper City • Hollywood • Davie • Southwest Ranches

Miami-Dade County:
Sunny Isles Beach • Aventura • Golden Beach • North Beach • North Bay Village • Dania Beach • Hallandale Beach • Bal Harbour • Bay Harbor Islands • Indian Creek • Surfside

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Transcript:
Hello and welcome to our show 60 Seconds with Sergio.
I am your host, Sergio Cabanas, Attorney-at-Law here in Florida.
Thank you for joining me today.
Today's question is: "Sergio, I've been having problems with my marriage, and divorce is possible".
"I think my spouse has been hiding assets. Should I be doing anything about that?"
Well, this is a complicated question, and unfortunately, it happens too often.
This is a question that involves, in my opinion, an emotional component, as well as a financial and legal component.
If you find yourself asking this question, I suggest that you do a two-part analysis of your situation.
First, you should start with the emotional component.
That's the first part of my two-part analysis.
Let's start with you.
Take a close look at the circumstances of your situation.
Search your mind, search your heart.
Really think about the current status of your relationship to decide if you may be having serious marital problems.
Sometimes it can be obvious.
Such that you and your spouse may already discussed the possibility of divorce or separation
Maybe your spouse has already consulted an attorney about a divorce.
Other obvious clues is the fact that your spouse, or you, may be involved in an extramarital relationship.
Or you find yourselves sleeping in separate bedrooms.
However, the problem could also be a little more subtle.
Such as frequent arguments with your spouse.
Or little or no communication with your spouse.
Or your spouse has completely become distant.
For many people, it's difficult to independently assess the relationship because of the emotions involved.
That's when you should consult with your therapist or trusted friends, who can give you an independent opinion of your situation.
So, as you work through this analysis and conclude there's a strong possibility that the marriage is unstable, then you should take the second step.
That second step is to examine the transaction itself.
Or, if there's more than one transaction, look at all of them