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Life Events :  Divorce

Searching for Hidden Assets... Page 2

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10. Investment in certificate "bearer" municipal bonds or Series EE Savings Bonds, which do not appear on account statements because they are not registered with the IRS. (The government is phasing out these bonds, realizing that it is losing a lot of money..

11. Cash kept in the form of traveler's checks. You may be able to find these by tracing bank account deposits and withdrawals.

Get the Goods (on Paper)

If you suspect that your spouse may attempt to hide assets, it's best to start investigating your household and business finances before initiating divorce proceedings. Make copies of important documents such as tax returns from the past several years, bank account statements, pay stubs and any other documents that reflect joint assets or debts. Keep copies of these documents outside the home if you're still living with your spouse or partner. Also, as a precautionary measure, you might want to open a separate savings account in your name only. If your spouse hides assets, you may find yourself in need of a nest egg. Down the line, you may have to relinquish some of your savings to your spouse--after all, we're not encouraging you deal with a dishonest spouse by stooping to his or her level--but having a little extra cash on hand may ward off a crisis in the wake of your divorce.



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