Tag Archives: hidden assets

Husband Busted for Hiding $500K in Crypto During New York Divorce

Regardless of fluctuations in the overall market, many Americans have substantial assets invested in blockchain coins and other forms of cryptocurrency. This means that spouses going through a divorce and their attorneys must review whether any cryptocurrency is part of the divisible marital estate. Unlike other types of assets, crypto can be difficult to locate,… Read More »

How to Find Hidden Assets in a Divorce

When a couple divorces in New York, the assets in their marital estate are equitably distributed based on a settlement agreement or a judge’s decision. However, the distribution cannot proceed fairly unless both spouses have a full accounting of the property and debts that must be divided. State law requires parties in a divorce to… Read More »

Fraudulent Transfers in Divorce

A fraudulent transfer is a transaction one person makes to frustrate another person’s legitimate claim to an asset. In divorce, fraudulent transfers occur when one spouse deals away property he controls to prevent the court from counting it and distributing it to the other spouse.  Fraudulent transfers are illegal, of course, but they can be… Read More »