The act of concealing property throughout divorce proceedings entails strategically shifting 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 revenue are actions that represent concealing property throughout a divorce.
The motivation behind concealing property sometimes stems from a need to retain a bigger share of the marital property than could be awarded by means of a good and equitable distribution. Traditionally, such actions had been usually pushed by energy imbalances throughout the marriage, with the financially dominant partner making an attempt to take care of management. Nevertheless, the apply is fraught with authorized and moral implications, doubtlessly resulting in extreme penalties if found.
