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plainfield divorce attorney for hidden assets

Financial disclosure is a crucial aspect of any divorce. Spouses cannot address the division of property, child support, or other financial concerns unless they are on the same page financially. Unfortunately, some divorcing spouses are more transparent than others when it comes to finances. If your spouse is trying to hide money from you or otherwise lie about finances during divorce, contact a divorce lawyer for help. Your spouse’s deceptive behavior can have a major impact on the outcome of your divorce.

Signs of Financial Fraud in a Joliet Divorce Case

Hiding assets can take many different forms. Some spouses literally hide cash or valuables in order to shield them from division during divorce. They may use a safety deposit box, secret bank account, or transfer assets to a friend or family member. Business owners may manipulate their business’s financial records to hide money through the business.

Some signs that a spouse is hiding assets in a divorce include:

  • Secretive behavior regarding finances -  Spouses may hide tax documents and other financial records or change the passwords on financial software or banking apps. They may refuse to discuss anything related to finances or get angry when the other spouse tries to bring up finances.

  • Unexplained transfers – Large transfers of money from one account to the other are a huge red flag during a divorce.

  • Sudden debts or increased expenses – Spouses sometimes try to hide money by creating fake expenses or debts. They pretend to owe a party money, but the debt is just a front for financial manipulation.

  • Large cash withdrawals – Some spouses hide money by withdrawing funds and placing the funds elsewhere. Something as simple as getting cash back on a grocery store purchase can be an effective way to take money out of an account and hide it.  

What You Can Do If Your Spouse Hides or Destroys Assets

If you think your spouse is hiding money or property during your divorce, contact a divorce lawyer for help. Spouses’ financial circumstances affect nearly every aspect of the divorce process. You deserve a divorce outcome that is based on accurate financial information. Your attorney may work with a forensic accountant to uncover financial fraud. He or she may also use discovery tools such as formal requests for documents, subpoenas, and depositions to reveal hidden assets.

Contact a Joliet Divorce Lawyer

The Plainfield divorce attorneys at Law Offices of Tedone and Morton, P.C. can help you with forensic accounting, property distribution negotiations, divorce discovery, and more. Call 815-666-1285 today for a free consultation.

Sources:

https://www.forbes.com/sites/catherineschnaubelt/2019/03/08/finding-hidden-assets-in-a-divorce/

 

https://www.investopedia.com/how-to-un-merge-your-money-in-a-divorce-4687311

Joliet Divorce Attorneys

The term “narcissist” may refer to someone with a narcissistic personality disorder or simply someone who exhibits a pattern of selfish, manipulative, and harmful behavior towards others. Divorce is rarely easy. However, when you are divorcing a narcissist or someone displaying narcissistic behaviors, the process can seem unbearable. Fortunately, there are resources and techniques that may help you get through a high-conflict divorce or stressful co-parenting relationship with a narcissist. One of these techniques is called the “grey rock” method.

Divorcing a Narcissist

Understandably, every divorce has some degree of contention. However, some divorcing spouses go out of their way to make the process as antagonistic as possible. They refuse to cooperate with even the smallest requests and say things to intentionally upset the other spouse. They may try to hide assets or lie about finances. Sometimes this behavior even escalates to abuse.

There is no perfect way to deal with a situation like this. Working with a strong divorce lawyer who will stand up for your rights is the first step. Your attorney will represent your best interests and advocate on your behalf. Additionally, you can try using the “grey rock method.”

How to Use the Grey Rock Method to Deal with a Narcissist

If you are divorcing someone who is manipulative, offensive, narcissistic, or aggressive, you may benefit from using the grey rock method. People like this often feed on conflict and drama. They do and say anything to get a rise out of the other person. When you use the grey rock method, you become just like a grey rock: non-reactive and boring. If the person says something upsetting or offensive, you do not get emotional and react to it. You communicate only need-to-know information or communicate through your lawyers. You use written communication such as text messages or emails to eliminate the chances of in-person conflict. Using written communication is also a great way to keep records of what was said. These records may be useful during your divorce and any future child custody proceedings or post-divorce modifications.

Of course, there is no way to eliminate the stress and frustration of divorcing a narcissist completely. However, the grey rock technique may help you keep your cool and avoid doing or saying things that negatively affect the divorce’s outcome.

Contact a Joliet Divorce Lawyer

High-conflict divorce comes with additional challenges. The Plainfield family law attorneys at Law Offices of Tedone and Morton, P.C. understand how to meet these challenges and provide the legal representation you need. Call our office at 815-666-1285 today for a free, confidential consultation.

Source:

https://www.healthline.com/health/grey-rock#know-when-to-use-it

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Joliet divorce attorney for Child SupportMost Americans in the 21st century spend a significant amount of their daily lives online. If you are used to regularly posting photos or sharing updates about your life on Facebook, Twitter, Instagram, TikTok, or other platforms, it may make sense to also discuss changes in your life, such as divorce. However, doing so can have a number of unexpected consequences. Before sharing information on social media, you will want to understand how this could potentially affect your divorce, and you may also want to take steps to protect your personal information and your privacy.

Social Media Posts That May Play a Role in Divorce Proceedings

It is important to understand that anything that is shared on social media may be public information that could be raised in divorce court. Even private messages or posts that are restricted to people you trust could eventually make their way to your spouse, so you will want to be careful about what you share. Some activities that you may want to avoid include:

  • Complaining about your ex - Social media may seem like the perfect forum to vent about the anger, sadness, or other emotions you are feeling during your divorce. However, making inflammatory comments about your spouse could undermine your attempts to negotiate a settlement or reach agreements in divorce-related disputes. While your divorce is ongoing, it is often best to avoid blaming your ex for your divorce, complaining that they are being unreasonable, or stating that you are being treated unfairly during the divorce process.

  • Sharing financial information - Since financial issues will be a major concern during your divorce, you will want to avoid making posts that could indicate that you have been untruthful about your income or assets. Even something that may seem harmless, such as a picture in which you are wearing new shoes or a recently-purchased watch, could be used to claim that you have unreported assets or income that should be put toward child support or spousal maintenance. If you make posts that indicate that you have made major expenditures, such as photos of a recent vacation, you may be accused of dissipating marital assets, and this may affect the decisions made during the division of marital property.

  • Posts that may call your parental fitness into question - If you are involved in a dispute over the custody of your children, your spouse and their attorney may look for any information that could be used to show that you are unable to provide the care your children need. For example, pictures of you drinking alcohol or using drugs at a party could be used against you, even if they were posted by someone else.

In many cases, it is best to avoid using social media during your divorce or sharing any details of your life while your case is ongoing. If you had shared any computers or devices with your spouse, it may be a good idea to change the passwords on your social media accounts to make sure your ex cannot access your personal information or make posts in your name.

Contact Our Joliet Divorce Lawyers

At the Law Offices of Tedone & Morton, P.C., we can advise you on the best approach to take during your divorce, and we can help you address any issues related to social media, including information that your spouse is attempting to use against you or inflammatory comments or accusations your ex has posted online. To get skilled and experienced legal help, contact our Plainfield divorce attorneys at 815-666-1285 and schedule a free consultation today.

Sources:

https://socialmediaexplorer.com/conversation-report/how-to-behave-on-social-media-during-a-divorce/

 

https://www.forbes.com/sites/jefflanders/2013/08/20/how-social-media-can-affect-your-divorce/?sh=50642d4735a3

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joliet divorce lawyerIf you are a pet owner who is getting divorced, you probably love your pet just as you would a human family member. Understandably, you may be worried about who will keep the pet after your divorce. As with other property division concerns, you and your spouse have the option of reaching your own agreement about the ownership of pets. However, if you cannot reach a decision, the court may step in and make a decision for you. A skilled divorce lawyer can help you understand your rights regarding pet ownership in a divorce. 

When a Pet Could Be Considered Marital or Nonmarital Property

In Illinois courts, pets are treated differently than homes and other property in a divorce. A law established in 2018 requires pets to be treated similarly to children during divorce. The court can award sole or joint custody based on the best interests of the animal. 

The first step in determining who gets a pet in a divorce is figuring out if the animal is marital or nonmarital property. If you or your spouse owned the pet before you got married, it is probably considered non-marital property. Therefore, the judge would generally award custody to the spouse who owned the animal before the marriage. However, there may be exceptions to this rule. If the pet was acquired during your marriage, it is most likely considered marital property.

If the judge finds that the pet is a marital asset, the next step is to allocate ownership of and responsibility of the animal.

Factors the Court Uses to Determine the Best Interests of a Pet

When a pet is marital property, the court may look at several factors before deciding who to award “pet custody” to, such as:

  • Which spouse took the most responsibility taking care of the pet during the marriage

  • The financial stability of each spouse

  • Which spouse can provide a better living environment for the pet

  • Which spouse will be able to devote the most time to the pet

  • Whether any spouse has abused or neglected the pet

In certain cases, a judge may decide to grant joint custody of a pet. For example, if both spouses have been responsible and nurturing pet owners and the animal is resilient enough to handle splitting time between two homes, joint custody may benefit the animal. However, if the pet requires a more stable routine, the judge may award custody to one spouse.

Contact a Joliet, IL Divorce Lawyer

Pet custody can make a divorce more complicated. If you want to fight for custody of your pet, a Will County divorce attorney can help. Call the Law Offices of Tedone & Morton, P.C. at 815-666-1285 to schedule a free consultation to discuss your case.



Source: 

http://www.ilga.gov/legislation/ilcs/ilcs4.asp?ActID=2086&ChapterID=59&SeqStart=6000000&SeqEnd=8300000

joliet divorce lawyerCredit card debt is quite prevalent in the United States. In fact, Americans owe $807 billion in credit card debt. If a single person incurs credit card debt, he or she is solely responsible for paying for it. However, what happens if that debt is incurred during a marriage? If you are getting a divorce in Illinois, you may be held responsible for this debt even if your spouse was the only one who used the credit card.

How Credit Card Debt Is Split in an Illinois Divorce

If you are planning to divorce your spouse, you may wonder how your credit card debt will be handled. If the debt was incurred during the course of your marriage, the creditor may hold both you and your spouse responsible for it. On the other hand, any debt either spouse incurred before they were married is considered personal debt and is the sole responsibility of the person who made the purchases.

Since Illinois is an equitable distribution state, your debt will not be divided exactly 50/50 if your case ends up going to trial. Instead, it will be split fairly. A judge will look at multiple factors before deciding how to split the debt, such as:

  • Each spouse’s financial resources

  • Each spouse’s personal assets

  • How long the marriage lasted

  • The amount of child support and spousal support

Who benefited the most from the credit card purchases may also be considered by the court. For example, if the person who made the purchases was the only one who benefited, the debt would most likely be classified as separate. On the other hand, if the person made purchases that benefited the other spouse or entire family, a judge would consider it marital debt.

Protecting Your Credit During a Divorce

Although your marital status will not show up on credit reports, joint accounts you had with our spouse and accounts you cosigned for your spouse will. If your ex makes late payments or defaults on the payments, it could negatively affect your credit rating. If it is feasible, try to pay off your existing joint accounts with your spouse and close them before your divorce is finalized. Many divorcing spouses choose to liquidate assets like real estate in order to pay off jointly held debts. 

Contact a Will County Divorce Attorney

If you have additional questions about dividing credit card debt in your divorce, a Joliet, IL divorce lawyer can help. At the Law Offices of Tedone & Morton, P.C., we can examine your marital estate and figure out which debts you will be responsible for. Contact us at 815-666-1285 to schedule a free consultation.

 

Source:

https://www.valuepenguin.com/average-credit-card-debt

https://www.experian.com/blogs/ask-experian/who-is-responsible-for-credit-card-debt-in-a-divorce/

 

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