In event of a divorce, it is foolish to expect your spouse to put forth all his or her financial assets in black and white.
At a time, when one has reached a situation where there is no desire to share the same roof, the possibility of willingness to share assets equally is rather remote.
Feelings of resentment towards each other could further aggravate this psyche of hiding one's assets during marital discord.
At times, the individual could also end up hiding assets in fear of having insufficient means of surviving alone after the dissolution of the marriage.
As per the law, all known assets are divided equally between the two parties.
Whatever is concealed obviously remains with the party involved in the act.
Every individual is well versed with the beliefs and potential of his or her spouse.
If you are contemplating a divorce and you do not trust the intentions of your spouse, a few preventive measures may aid in providing you with your legal share of assets.
Before announcing your intentions of divorce, do some spade work with regards to the financial assets.
Obtain information about your marital assets and accumulate the concerned documents.
Make sure you know all the account numbers and the balances.
Make note of all cancelled checks as well as in most cases of marital discord, the other party could be transferring funds elsewhere.
Compiling of all income tax statements is also a mandatory step.
Get duplicate copies of these tax returns and have them kept safely with a confidante.
Lastly, listing of all expensive articles in the house such as antiques or jewelry is essential so that one is able to recollect their existence in event of hiding the same by your spouse.