My sister is going thru a divorce, I think her hubby stashed alot of cash into savings bonds. Is there a way?
by admin ~ March 18th, 2006 . Filed under: Marriage & Divorce .
saywhat asked:
for her to find out?? I know that they can somehow pull up all the bank accounts a person has but I am not sure about bonds. Anyone know the answer I would appreciate that so much. Her hubby cheated on her because he is a player and is just selfish. Thank You.
For your information, he took out all of their retirement and all of their savings. The golddigger here is him not her. And he is probably spending it his little ho, and not his 2 children and wife who took care of his mother for 2 years while he was out galavanting.
Romeo Darbonne
for her to find out?? I know that they can somehow pull up all the bank accounts a person has but I am not sure about bonds. Anyone know the answer I would appreciate that so much. Her hubby cheated on her because he is a player and is just selfish. Thank You.
For your information, he took out all of their retirement and all of their savings. The golddigger here is him not her. And he is probably spending it his little ho, and not his 2 children and wife who took care of his mother for 2 years while he was out galavanting.
Romeo Darbonne
March 21st, 2006 at 3:48 pm
Wow gold digging much?
Well in the court of law he will be spending his money on his 2 children whether he likes it or not so, if he took money out of their savings then that is your sister’s fault for opening a joint account in the first place. It is also her fault for marrying that buffoon of a husband.
March 21st, 2006 at 10:24 pm
divorce lawyer
March 22nd, 2006 at 6:20 pm
why was she dumb enough to marry a “player” ???
March 24th, 2006 at 6:42 pm
stay riiight away from it all.
your her sister
its her business
let her sort it out or you will regret it.
March 27th, 2006 at 4:35 pm
Tell her to inform her lawyer of this he will know how to address this issue. If he has no clue, she should get another lawyer!
March 30th, 2006 at 4:04 pm
He probably cheated because your sister wasn’t as hot as the new girl. And since he tricked you broads by hiding his money, all the power to him. That guy rules.
April 1st, 2006 at 4:35 am
Yes, its all income and has to be reported on tax documents to the government. check out this years return.
April 2nd, 2006 at 9:40 am
A court order is necessary.
Or a friendly banker or two;it depends.
Best wishes!
April 3rd, 2006 at 5:46 am
She could find out with the right lawyer.But if he was smart enough he’ll put money away under someone elses name.
April 3rd, 2006 at 7:06 am
When a dirvorce is in process, some of the following will usually occur:
1) Determination of children of the parties and who will be given
custody of them and the other the right to visit.
2) Assets, such as plots, vehicles and furniture.
These will most likely be shared equally or on an equity basis, if
one takes something, the other will be given something too.
At times, assts such as livestock come into question and these
can be shared or sold and the proceeds shared.
3) Liabilities:
All creditors are determined and then each assigned to pay and
clear certain creditors.
4) Cash and cash equivalents:
Cash is easy to distribute since it is easily divisible.
All accounts are checked and the amounts are divided by 2.
There could be an issue of shares owned by the family, these could be shared equally or sold and proceeds shared.
The determining factor is that the two were married in community of property or out of community of property.
If in community, then everything is shared equally.
However if out of community of property, then each will have to prove how he obtained a given asset.
The overall issues are best handled by a lawyer who are trainned specifically in such matters.
Then, two (2) lawyers, one for the husban and the other for the wife. it is best they be kept separate because of different interests and conflict.
April 4th, 2006 at 5:33 pm
Judging from your previous questions I don’t think your sister is the one getting the divorce, so sorry. Anyway, you can either get the legal eagles to look at it or try to spot it yourself.
I daresay your divorce is not the first one where one party has tried to hide assets.
was one link I found. That site is ad-happy but it might be educational to you.
April 8th, 2006 at 4:48 am
If Hubby is stashing money in US Savings Bonds, your sister’s attorney should file a request with the United States Department of the Treasury, Bureau of the Public Debt. Unfortunately, soon-to-be divorcing spouses treat hiding money like a real game. Some are more clever than others.
The attorney should determine if there are accounts in the girlfriend’s name or in the name or his parents or siblings. The attorney should also check his federal and/or state tax return to see from where he is earning interest or dividends. This may be another clue to where the money has gone.