Roncone Law Offices, P.C.
Call Our Attorneys:
978-401-0825 | 877-261-4389
Menu Contact

Accounting for all assets is important when filing for divorce

Dividing assets can be a difficult process, specifically when it comes to money. Money problems affect numerous couples in Massachusetts. For some, this is the sole reason for seeking a divorce.

According to a recent report, about every one in 20 married couples experiences some form of financial infidelity. This may include hiding money and bank accounts or attempting to cover up spending habits. Whatever the issue is, financial infidelity creates significant trust issues that some may not be able to overcome.

Those who may think a spouse is hiding money or other assets may want to consider digging for any information that could confirm their suspicion. As having a complete list of assets is vital in determining a fair division of property, taking the time to ensure everything is accounted for is certainly important. Even though this task may seem difficult, it is worth the effort.

If desired, it is possible to seek assistance in uncovering hidden assets. Those who wish to do it on their own can perform their own investigative work by checking files, account activity, statements and even pulling a combined credit report. Some assets may be found easily, while others may take a little more effort to uncover.

If assets are uncovered, but the spouse who holds those assets fails to report them when filing for divorce, it is still possible to have these items put on the table for division. This is where having proof accounts or hidden money becomes so valuable. For couples in Massachusetts and elsewhere, figuring out the financial side of a divorce is often contentious, but, if both spouses bring everything they have to the table, it is possible for each party to walk away with a fair and balanced settlement.

Source:, "Is Your Spouse Hiding Money and Assets From You? It's More Likely Than You Think", Nicholas Pell, April 23, 2015

No Comments

Leave a comment
Comment Information

What Clients and Peers Are Saying ...

"Please take my word for it, this is the attorney that you want on your side and certainly not the one that you want against you.”

Email Us For A Response

Contact Us For A Free Initial Phone Consultation

Tell us about the type of case you are faced with. We'll tell you how we can help. Call us at 877-261-4389 or send us an e-mail to speak with a Leominster and Worcester area personal injury attorney, family law, or criminal defense lawyer today.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Roncone Law Offices, P.C.

142 Main Street
Leominster, MA 01453

Toll Free: 877-261-4389
Phone: 978-401-0825
Fax: 978-840-6000
Map & Directions