What Happens When a Spouse Hides Money in a Texas Divorce
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What Happens When a Spouse Hides Money in a Texas Divorce
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Episode Summary: In this episode of ALP Corner, family law in the heart of Houston, attorney Allecia Pottinger delves into the common issue of spouses hiding money during divorce proceedings. She discusses the signs of financial deception, the tools available under Texas law to uncover hidden assets, legal consequences for concealing assets, and the role of forensic accountants in tracing hidden funds.
Key Timestamps: 00:00 – Introduction 01:30 – Signs of financial deception 03:15 – Commonality of financial deception in divorces 05:10 – Tools available under Texas law 07:45 – Legal consequences for hiding assets 09:20 – Role of forensic accountants 11:05 – Tracing hidden assets through multiple accounts 13:40 – Challenges with cryptocurrency and family businesses 16:25 – Recovering hidden assets and obtaining financial information 18:30 – Importance of proactive financial discovery
About the Show: ALP Corner, family law in the heart of Houston, hosted by attorney Allecia Pottinger, provides expert insights on navigating family law matters in Texas. With over 25 years of experience, Allecia helps individuals safeguard their families and financial futures through divorce, custody battles, and property disputes.