The act of concealing property throughout divorce proceedings entails strategically transferring or hiding funds or property to forestall their inclusion within the marital property, which is topic to division. For instance, transferring funds to a separate, undisclosed account or underreporting earnings are actions that represent concealing property throughout a divorce.
The motivation behind concealing property sometimes stems from a want to retain a bigger share of the marital property than could be awarded by means of a good and equitable distribution. Traditionally, such actions have been typically pushed by energy imbalances inside the marriage, with the financially dominant partner making an attempt to keep up management. Nonetheless, the observe is fraught with authorized and moral implications, doubtlessly resulting in extreme penalties if found.
