Is Your Ex Hiding Assets? How to Uncover the Truth in Divorce Disclosure

💰 Is your ex hiding assets? Are they draining joint accounts, concealing super, or transferring money to family and friends? You're not alone, and there are legal ways to uncover what's yours.

Learn about the most common ways people try to hide assets in divorce, including trust funds, cash jobs, disappearing assets, and hidden overseas accounts. Find out how the Australian Family Court courts handle these cases, what legal tools you can use to track down missing assets, and what to consider doing before mediation or family court.

If you’re frustrated by a lack of financial disclosure or suspect your ex is hiding money, this episode is a must-listen.

🚨 Disclaimer: This podcast provides general legal education for Australia and is not a substitute for independent legal advice. Always consult a qualified lawyer for guidance tailored to your situation.

🎧 Listen to This Episode If You:

✅ Believe your ex is hiding assets or not fully disclosing their financial situation ❓ Have noticed money disappearing from joint accounts 💡 Suspect your ex is hiding superannuation, cash jobs, or business earnings 🛡 Want to know what legal steps you can take before mediation or court 📚 Wondering how courts handle trusts, business assets, or overseas properties ⚖️ Are frustrated with non-disclosure and want to know what the courts will do about it

Key Topics Discussed in This Episode:

1️⃣ Draining Joint Accounts: Can You Get the Money Back?

2️⃣ Superannuation & Hidden Retirement Funds

3️⃣ Trust Funds, Businesses & Company-Owned Assets

4️⃣ Cash Jobs & Undeclared Income

5️⃣ Selling Assets for Cheap to Friends & Family

6️⃣ Disappearing Assets: What If They Just Vanish?

7️⃣ Hiding Money & Property Overseas

8️⃣ What If Your Ex Refuses to Do Financial Disclosure?

 

📌 Links & Resources Mentioned in This Episode:

📜 Superannuation Information Request (Form 6) – ATO Superannuation Search 📜 Family Court Superannuation Search via Comm Courts Portal – Federal Circuit and Family Court of Australia 📜 📜Disclosure Checklist - https://www.thedivorcecourse.com.au/disclosurechecklist

 

🎙 More Podcast Episodes You’ll Love:

• Untangling Valuations: How to Find Out What Assets Are Worth https://youtu.be/pkNKwBXMu9I?si=Lq2Q0UvXh_AVHcJH

• DIY Disclosure: What to Do If Your Ex Won’t Provide Financial Records https://youtu.be/c273nHUN9DE?si=nshmPtJwqkdk8hAO

• Avoiding Traps: Why You Should Never Negotiate Percentages Before Knowing the Property Pool https://youtu.be/D8xj-52q9ZE?si=N_-NKmXlszdXa-Rb

⏳ Episode Timeline:

00:00 Introduction: Uncovering Hidden Assets in Divorce

00:14 Common Tactics for Hiding Assets

01:40 Legal Rights and Draining Joint Accounts

04:29 Superannuation and Hidden Funds

06:55 Trust Funds and Corporate Veils

08:41 Valuing Businesses in Divorce

12:25 Cash in Hand and Undeclared Income

15:21 Selling Assets to Friends

16:04 Burnt Leg and Old Cars

16:27 Valuing and Insuring Classic Cars

17:01 Court's Approach to Asset Distribution

18:57 Handling Disappearing Assets

19:48 Hiding Assets Overseas