Nine Ways Your Spouse Could Hide Their Income Before Divorce in Arizona
DUE TO COVID-19 AND OUR NEED TO ENSURE THE HEALTH OF OUR CLIENTS, ALL INITIAL CLIENT CONSULTATIONS WILL BE CONDUCTED BY PHONE. YOU MAY CALL US AT (480)305-8300 TO SCHEDULE A TELEPHONE CALL WITH ONE OF OUR EXPERIENCED FAMILY LAW ATTORNEYS.
We have been asked about the different ways your spouse could hide their income before divorce in Arizona, so we wanted to share some information on the subject.
If you and your spouse intend to get a divorce, you need a plan for the talks about alimony and child support.
People are known to conceal their income in the hopes of having to pay less.
If you believe that your spouse makes more money than they let on, you should talk to your lawyer and work on the different to uncover the hidden income.
What follows are nine ways spouses often hide their income in anticipation of divorce proceedings.
Your Spouse Can Defer income
When people expect to divorce their spouse, they sometimes ask their employer to put off paying them their commission or other parts of their compensation.
If your spouse usually receives a certain amount as income, and it seems to have dropped ever since you began discussing divorce, you should suspect that they are deferring their income until after the divorce.
Your Spouse Can Hide Perks
Employees may be granted an expense account, a paid parking space, a meal allowance, or a clothing allowance.
These should count as income.
If your spouse has a company car for personal use, it should count as income as well.
If there is an expense account to entertain clients with, but your spouse keeps part of the money, you need to include it.
You may be able to find receipts and other documents that prove that your spouse keeps expense account money for themselves.
Your Spouse Can Divert Bonuses to Another Account
People who expect to get divorced sometimes ask their employers to credit only part of their bonus to their regular account.
They ask them to put the rest in a separate account each year so that the money remains hidden from their spouse.
You should look at the way your spouse’s employer has paid bonuses in the past, and look for recent changes to the payment pattern.
Trips that combine business with pleasure
Business trips often include additional days of stay once the business to be conducted completes.
Money spent on these days should count as income.
Sometimes, employers allow employees to take their spouses with them on business trips.
You can check to see if your spouse took someone else instead of you.
If they did, the value of the trip should count as income.
Your Spouse Can Hide Stock Options
When an employee receives stock options, they get to buy company stock at discounted rates.
If your spouse has exercised options in this way, they could have significant assets that you’re unaware of.
There may be special circumstances
Sometimes, employers put important employees on profit-sharing arrangements.
They may also enter into co-ownership deals with such key employees.
It’s important to be aware of such circumstances and to count money received as income.
Paid or Accumulated Personal Days Off
If your spouse has sick days or personal days that they haven’t made use of, they could get paid for them.
It’s income that needs to be included in your accounting.
Using Loans to Hide Money
When people get divorced, they sometimes arrange for friends or employers to make sham loans to them.
The aim of taking out such loans is to attempt to prove poverty in court.
Your lawyer may be able to uncover such arrangements.
It’s important to use the pointers above to look for every scrap of income that a spouse may make.
If you have questions about ways your spouse can hide their income before divorce in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. Our Arizona divorce and family law attorneys have over 100 years of combined experience successfully representing clients in divorce and family law cases.
Our family law firm has earned numerous awards such as US News and World Reports Best Arizona Family Law Firm, US News and World Report Best Divorce Attorneys, “Best of the Valley” by Arizona Foothills readers, and “Best Arizona Divorce Law Firms” by North Scottsdale Magazine.
Call us today at (480)305-8300 or reach out to us through our appointment scheduling form to schedule your personalized consultation and turn your Arizona divorce or family law case around today.
Arizona Family Law Attorneys in Scottsdale and Tucson Arizona
More Articles About Divorce in Arizona
- The advantage of Filing Divorce First in Arizona
- Are Prenuptial Agreements Enforceable in Arizona
- Arizona Divorce
- Arizona Divorce Attorney Reviews
- Arizona Divorce Child Custody
- Arizona Divorce Debt
- Arizona Divorce Forms
- Arizona Divorce Laws
- Arizona Divorce Laws Alimony
- Arizona Divorce Laws and Statutes
- Arizona Divorce Laws on Adultery
- Arizona Divorce Papers
- Arizona Divorce Practice
- Arizona Divorce Process
- Arizona Divorce Records Search
- Arizona Marriage Laws
- Asset and Property Search in an Arizona Divorce
- Change to Maiden Name After Divorce in Arizona
- Changing Orders in an Arizona Divorce Decree
- Children and Divorce in Arizona
- College Expenses After Divorce in Arizona
- Complex Divorce Cases in Arizona
- Conciliation Court Services in Arizona
- Consent Required for Marriage of Minors in Arizona
- Considering the Children during a Divorce in Arizona
- Convert to a Covenant Marriage in Arizona
- Coping With Divorce in Arizona
- Court Services to Save a Marriage in Arizona
- Custody of the Family Pet in a Divorce in Arizona
- Dissolution of Marriage in Arizona
- Divorce After Legal Separation in Arizona
- Divorce and Children in Arizona
- Divorce Arizona
- Divorce Case is on the Inactive Calendar in Arizona
- Divorce Court Jurisdiction in Arizona
- Divorce in Arizona Without Children
- Divorce Procedures in Arizona
- Divorce Records in Arizona
- Divorce Statistics in Arizona
- Divorce Support Groups in Arizona
- Domestic Violence and Divorce in Arizona
- Effect of Adultery on an Arizona Divorce
- Effects of Divorce on Children in Arizona
- Enforceable Arizona Prenuptial Agreements
- Failure to Include an Issue in an Arizona Divorce
- Filing for Divorce in Arizona
- Filing for Divorce to Receive Alimony in Arizona
- Guide to Divorce for Men in Arizona
- High Asset Divorce in Arizona
- High Conflict Divorce in Arizona
- High Net Worth Divorce Arizona
- How is a Divorce Finalized in Arizona
- How Long Does a Contested Divorce Take in Arizona
- How Long Does it Take to Get a Divorce in Arizona
- How Long Does it Take to Get Divorced in Arizona
- How Long Does Uncontested Divorce Take in Arizona
- How Long To Be Separated Before Divorce in Arizona
- How long to get Temporary Orders in Arizona
- How Much Does it Cost to Get a Divorce in Arizona
- How to Appeal a Divorce Decree in Arizona
- How To Find Good Divorce Attorney in Arizona
- How to Start a Divorce in Arizona
- Learn About Uncontested Divorce in Arizona
- Legally Separated File Divorce in Arizona
- Marital Settlement Agreement in Arizona
- The merger of the Settlement Agreement in Arizona
- Military Divorce Laws in Arizona
- Misled Into Signing Divorce Settlement in Arizona
- Modifying a Divorce Decree in Arizona
- No Contest Divorce in Arizona
- No-Fault Divorce in Arizona
- Order to Pay Spouses Attorney Fees in Arizona
- Parenting Class During a Divorce in Arizona
- Petition for Dissolution of Marriage in Arizona
- Protect Children in a Divorce in Arizona
- Quick Divorce in Arizona
- Reasons for Divorce in Arizona
- Reasons to File for Divorce in Arizona
- Represent Yourself in Arizona Divorce Case
- Same-Sex Divorce in Arizona
- Sealing Court Records in an Arizona Divorce
- Sell Home During Divorce in Arizona
- Selling Property During a Divorce in Arizona
- Served With Divorce Papers in Arizona
- Serving Divorce Papers by Publication in Arizona
- Should I Keep the House in a Divorce in Arizona
- Social Media Evidence in Divorce in Arizona
- Stop an Arizona Divorce
- Stop an Arizona Divorce if You Change Your Mind
- What Happens at a Resolution Management Conference in Arizona
- What Happens If the Divorce Case Goes to Trial in Arizona
- What Happens Temporary Orders Hearing in Arizona
- What is a Covenant Marriage in Arizona
- What is a Default Divorce in Arizona
- What is a Family Law Master in an Arizona Divorce Case
- What is a Preliminary Injunction in an Arizona Divorce
- What is a Temporary Orders Hearing in Arizona
- What is the Divorce Process in Arizona
- What Reasons Do I Need to Obtain a Divorce in a Covenant Marriage in Arizona
- What to do When Served with Divorce Papers in Arizona
- When Can I File For Divorce in Arizona
Chris Hildebrand provides the information on this page about ways your spouse can hide income before divorce in Arizona to ensure everyone has access to information about divorce laws in Arizona. Chris is a family law attorney at Hildebrand Law, PC. He has over 24 years of Arizona family law experience and has received multiple awards, including US News and World Report “Top Arizona Divorce Attorneys”, Phoenix Magazine “Top Divorce Law Firms”, and Arizona Foothills Magazine “Best of the Valley” award. He believes the policies and procedures he uses to get his clients through a divorce should all be guided by the principles of honesty, integrity, and actually caring about what his clients are going through.