When it comes to marriage, money is an ever-present issue. Dividing the assets comes down to dollar amounts, and child support often accompanies child custody decisions. Money may also come into play before the divorce.
According to a study from Utah State University, couples that fight about money every week have a 30 percent higher chance of divorcing than couples who disagree only once or twice each month.
Oftentimes, fights about money stretch from the marriage into the divorce proceedings, and it’s common to hear allegations about hidden income and accounts.
Now, the Daily Mail reports that the digital currency Bitcoin is the newest strategy for spouses who try to hide money during a divorce. The currency is under close scrutiny from world governments, because it operates outside of a centralized bank.
It’s also notorious for ties to financial realms that fall outside of the judicial system.
More and More Divorcing Spouses Are Wondering if They Should Be Worried
Although Bitcoin is difficult to trace, it’s existence and potential for misuse doesn’t really change anything. If spouses plan to conceal their wealth from the court, they will, regardless of the tactic.
It’s just as important as ever to hire an attorney whom you trust to protect your interests and entitlements. It’s your family lawyer’s job to keep the process honest and help you seek the compensation you deserve during the divorce process.
This is particularly true of high net-worth divorces, which often involve a complicated network of financial accounts and income sources. In these instances, determining the true extent of marital assets is imperative to reaching a fair division of property.
If you’re divorcing in Queens, call us. At the Elliot Green Law Offices, we specialize in complicated divorces, and you can count on us to work for a division that is in your favor. We routinely employ accountants and other financial professionals to ensure we gain an accurate picture of the assets.
To arrange a free 30-minute consultation with a family lawyer in Queens, call us today at 718-260-8668.
Divorce Parties Are in the News and Under Discussion
What’s the best way to find closure after a divorce? People have been chasing the answer to that question for generations. Do you take a vacation or head to the spa? Some people claim that throwing all of their time and energy into other areas of life, such as work, helps them move on past their divorce.
News Observer recently reported on the newest strategy to ease the post-divorce blues. Divorce parties have only just come into fashion, but they’ve already sparked debates.
Some people worry that they send the wrong messages and promote bitter feelings between spouses; others see them as a way to put a positive spin on a stressful event.
At Elliot Green Law Offices, we strive to take some of the burden off your shoulders, and we’ll work hard to support you during the proceedings. If you’re looking for a reliable Queens family lawyer, don’t hesitate to call us at 718-260-8668.
