3 Ways To Find Hidden Income When Going Through A Divorce

Going through a divorce can be hard enough, let alone trying to make sure your soon-to-be-ex isn't trying to take advantage of your financially. Oftentimes, individuals try to hide their assets in the hopes that they are going to walk out of the divorce much better off than what the other party will. Thankfully, there is a way to make sure you don't get taken advantage of during the divorce proceedings. Follow these few tips below to make sure you get what you deserve and nothing less.

Make copies of all financial documents before separating.

Before making the decision to separate, you want to make copies of all your financial documents. This means any bank accounts you might have, savings bonds, stocks, IRAs, credit card bills, car payments, mortgage payments and so on. Don't leave anything to chance. Anything that could be used as income needs to be copied, even if it is only in one of your names and not the other. This ensures the income and savings will be split down the middle between you two.

Catalogue all of your vacations and purchases to document your lifestyle.

Document all of the trips you took together as a family and before the kids arrived. You want to show the court that you are used to certain things in life. If you take regular trips across the globe, you need to copy any receipts that can document your claims. Bring photographs to show all of the places you went. If you are privy to a certain lifestyle, such as high-end automobiles, fur coats and lavish jewelry, this should be documented as well. You shouldn't have to suffer a dramatic change in your lifestyle simply because the other party wants out of the marriage.

Gather bank statements from your joint accounts.

Bring records of your bank accounts to court with you. If you have a lot of money sitting in a bank account, you deserve half of it. The court will need to see how much you have and whether it is a continual thing or just a one-time payment that you received to make the dollar amount you have in there.

By having all of these items with you in the divorce proceeding, a divorce attorney can make sure that you walk out with everything you deserve. Don't let the other party try to swindle you out of something that you deserve.