Often, hiding money = financial infidelity
But often, hiding money, bank accounts or spending from your partner is a form of cheating. And it can have as devastating effects as being physically unfaithful. Hiding money from your spouse or partner is financial infidelity. And it's more common than you might think.
Whatever the reason, hiding assets, income and debt is not only unethical; it's also illegal and subject to severe penalties IF discovered. But even so, the burden of proof is often on the spouse with less financial resources (typically the woman) to prove any such unscrupulous behavior.
Financial infidelity occurs when couples with combined finances lie to each other about money. For example, one partner may hide significant debts in a separate account while the other partner is unaware.
Second, you should immediately start to be on the lookout for these tell-tale signs that your husband may be hiding assets and/or income:
Either way, here's how you can tell if what he's going through is cheater's guilt or something else.
If your spouse is lying to protect his or her ego, talk to him or her about your perspectives, your experiences, and your feelings surrounding the lie. Yes, you're in pain, but don't throw it in your spouse's face or try to hurt them back (even if you want to).
That means technically, either one can empty that account any time they wish. However, doing so just before or during a divorce is going to have consequences because the contents of that account will almost certainly be considered marital property. ... Funds in separate accounts can still be considered marital property.
Separate bank accounts that were established prior to a marriage may also be considered community property provided the account was used after marriage. This also means that nearly all funds, including regular paychecks, placed into the account after marriage would need to be divided.
Here are eight ways to protect your assets during the difficult experience of going through a divorce:
Financial infidelity is viewed as a “premeditated crime” because hiding or lying about money takes active and deliberate planning. And many people view it as worse than cheating, physically, on a partner. In the case of abuse, this is a completely justifiable “crime.”
Lying destroys trust. This point may seem moot, but trust is pivotal to all relationships. If a marriage does not have trust, it cannot function properly. ... When someone lies, the person being lied to might feel devastated and distant.
He May Want To Break Up
He is probably lying to you because he doesn't see a future with you as his partner and he hasn't got the energy to tell you the truth that may upset you or cause you pain. His hiding the truth can also be a sign that he has lost respect for you and that is why he is thinking about breaking up.
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