Mathis, Bates & Klinghard PLLC
A Family Law Firm - Clarkville, TN
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Common methods spouses use to hide assets

If you reflect on that day you either asked someone to marry you or accepted a proposal, you probably had nothing less than complete trust in the person with whom you decided to spend your life. Relationships have a tendency to change over time, however, and that person you once trusted may one day become your adversary. When couples are on the verge of a split, it is not uncommon for each spouse to look out for his or her own best interests, and this can lead husbands and wives to try to conceal assets from one another so that they do not have to be divided. They may attempt to do so in the following ways.

Talking to your kids about divorce

The divorce rate in the United States is about 50 percent. According to some reports, about 1.5 million children are affected by divorce each year. Parents going through a divorce are naturally concerned about their children, but Scientific American reports that only a few children experience serious problems in the wake of a divorce. Although children are strongly affected in the short term, how parents talk to the kids about divorce helps children process their emotions and feelings. Children do recover and move on, especially when both parents are involved in their life.

Is your parenting plan back-to-school ready?

If you are divorced and continuing to raise your child with your ex, you should have a comprehensive parenting plan in place. This document provides critical direction and guidelines for parents as they navigate the complicated process of sharing custody. However, it can be important to reassess your plan from time to time, as circumstances change over time, as do your capabilities as a parent and the needs of your child.

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Mathis, Bates & Klinghard PLLC
412 Franklin Street
Clarksville, TN 37040

Phone: 931-444-3153
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