If you’re about to go through a divorce in Indiana, there can be many things at stake. One of the most important aspects of any divorce is the money a couple made during their marriage. Unfortunately, not everyone is honest as their assets start getting evaluated. With that in mind, here are a few signs that your spouse might be hiding money from you.
Close-lipped about finance-related topics
In most marriages, money is of the utmost importance. After all, two people need money to pay the bills, go on vacation and take care of emergency expenses. Because money gets discussed so often by married couples, you might be unaware of your spouse’s fiduciary duty. One aspect of this fiduciary duty means that, even if you’re not the primary income earner, you can legally ask your spouse about the state of your marital assets.
You’re not involved in the tax preparation process
While it’s something most people dread, many married couples like to go over at least some of the tax preparation process together. Therefore, it can seem strange when your spouse suddenly files taxes for you and themselves behind your back. This behavior could be because your spouse doesn’t want you to see how much they’re earning.
Your spouse pays for everything with cash
In this day and age, most people use either a debit or credit card to make purchases. Some people can even buy products with a single tap of their smartphones. With that said, it’s not strange to see somebody pay for something with cash. However, one of the signs that your spouse is hiding money is if they use cash all the time. Since it’s hard to trace, people who want their finances hidden often pay with cash to buy things.
To summarize, there are several signs a spouse might be hiding money. Watching out for these signs can help ensure you won’t get financially taken advantage of in a divorce.