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April 2019 Archives

Hiding assets in the property division process is never wise

We'd like to think that in the age of conscious uncoupling that all divorcing couples in Virginia amicably part ways. Unfortunately, emotions can run high in a divorce, causing people to make poor decisions. For example, one spouse might want to try to hide assets from the other spouse to keep those assets out of the marital estate. In other words, the hidden assets would not be subject to property division and the spouse hiding the assets can keep them for himself or herself. This is never a good idea.

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