It’s important to note that attempting to hide or spend money with the intent of avoiding financial disclosure during a divorce can have serious legal consequences. Missouri courts require full financial transparency from both parties during divorce proceedings.
In Missouri, as in many jurisdictions, financial assets acquired during the marriage are generally considered marital property and are subject to equitable distribution. Attempting to hide or spend money to prevent it from being included in the marital assets is a violation and is against the law.
It’s crucial to consult with an attorney who specializes in family law in Missouri to get advice tailored to your specific situation. They can provide guidance on how to navigate the divorce process while ensuring compliance with legal requirements. Keep in mind that intentionally hiding assets can lead to legal penalties, and the court may take such actions into account when making decisions on property division, alimony, and other matters.
Open communication with your attorney and an honest approach to financial disclosure is generally the best course of action during a divorce.
At Raza Family Law Solutions, we practice family law effectively guiding clients through prenuptial and post nuptial agreements, dissolution of marriage, modifications of prior judgments, and resolving child custody disputes. We also help families take a different approach to divorce with mediation and collaborative work. Contact us for a consultation at (314) 314-5505.
