How can I 'Hide' money before my divorce?

Answer 1

Send it out of the Country. That is what my ex did. His problem though is that I know he did it and now refuse to sign a financial settlement agreement, which means he cannot go and get it because the moment he does, I will pounce.
Also, a friend of mine is a Forensic Accountant and he specialises in tracking down hidden assets, so be careful.

Answer 2

You can deposit it in a Bahamanian Bank. If I'm not mistaken, the U.S. has none of those 'financial' treaties with them. Check out which other countries we do not have treaties with. Swiss banks used to be the #1 choice but not anymore.
Take out no more than $3000 or so (in cash) at a time to keep from tipping off Homeland Security. And deposit it the same way. Better yet, use several banks. Don't want your eggs all in one basket.

Answer 3

Don't do it unless you have a long time before things go sour and you split up. The judge can ORDER you to pay a portion of any assets you have and if she (your future ex) can convince the judge you willfully 'hid' money or assets from the court it could mean real trouble. You may as well give it all to a charity if you don't want her (and her lawyer) to get it. Speaking of lawyers, be certain that hers will be a real bast*rd and knows every trick in the book.

Answer 4

Her solcicitor will want to go back several months , they are aware of this little dodge. I think it might be six months in UK but this may have changed?

Also if they ask for details of all your finances, just "forget" to tell them about an account or two, the solicitors are very slack and can't really track down all your accounts. In many ways they are relying on the wife to tell THEM where your money is.

The main thing is to convert the money into CASH becaue this is untraceable. The previously mentioned "home improvements" dodge works. Your bank WILL ask questions about large amounts of cash though

Personally I would not give anyone large amounts of cash to look after on my behalf, not even my mother.

Good luck mate.

PS what I have learned is ALWAYS HAVE MONEY YOUR WIFE DOES NOT KNOW ABOUT, no matter how cosy you think your mairriage is because things can change.

Answer 5

I think that any person, man or woman in a marriage who are at the point where they have to "hide" money from each other will have serious trust issues. If you have children she will raise and you want to hide money then heaven help you. Are you ready to explain to your kids years from now why you were more worried about you than you were about them. I hope there is a nice hot corner for you in Hades for that, if that is your situation. If it is not, then good luck. Dishonesty always has a way of coming round to get you though.

Answer 6

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RE:
How can I 'Hide' money before my divorce?

Answer 7

Not sure how much your talking about, but remember you will have to provide bank statements if there is going to be a financial settlement, so whatever you do don't make it look obvious.

Answer 8

Put it in someone's name that you trust, although when they do a discovery, and the money is missing, the courts will want to know where the money went, so make sure there is no paper trail.

Answer 9

put it into Ann account within your parents name until all is sorted out do it bit by bit that way they cant get you to answer for to where the money has gone don't forget the car if you have one is not yours and you can lose that as well and if you have a joint bank account then the other half can go to the bank and freeze that account to stop you getting at the money

Answer 10

cash in a savings deposit box in a family-member's name

jewelery can be stored there as well or any other small valuables that your ex may not be able to remember

Answer 11

if you are 2/3 mos ahead of your divorce, you are screwed....if you are not, try to delay it as long as possible
take all your money out and give it to your mom
that is the only person you can have 100% blind faith in, no one is in your corner like your moms, have her hold the money until your divorce is over.