Red flags that should prompt a financial investigation in a divorce

Although not often viewed in this light, a divorce is always a business transaction. More times than not, when the emotions are settled, the final factor in any settlement is money, and if  not initially, then eventually...and sometimes eventually is too late.
 
Some couple's  financial situations are fairly straight forward and do not require  input from a financial investigator ( I recommend my ebook to get organized yourself in these cases).
​However, there are times when this is not the case.

The purpose of this blog post is to identify common red flags that should prompt intervention from those in the financial fraud field such as accountants, investigators, and fraud professionals.

-Changes in assets leading up to the separation or divorce (businesses sold, valuables transferred, significant change in income etc)

-Spouse is protective of mail, email, or electronic devices that would have financial information on it.

-Change in financial institutions or opening new bank accounts at new financial institutions. 

-Removing spouse from accounts such as checking accounts or credit cards

-Taking out debt such as credit cards jointly or in the other spouse's name

-Interest in crypto currency leading up to divorce or separation

- Drastic change in spending style (refusing to spend money or spending excessive money)

-New business partners, financial advisors, accountants etc

-Loans and expensive gifts to family and friends 

-Overpaying taxes

- Previous history of being financially controlling, or criminal records involving "white collar" issues. 

Divorce is messy, but your financial picture can be immaculate. 
Immaculate Finances E-Workbook


-Amanda

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