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How divorcing couples hide (and find) family assets

Burying cash under a watchdog’s kennel, sending money offshore and overpaying credit cards are among the strategies warring partners use.

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Divorcing couples can go to extraordinary efforts to hide income and assets from their partners despite proposed new laws mandating disclosure of superannuation assets, say lawyers and forensic accountants.

Secret bank accounts, stockpiling cash, giving money to a new partner or even burying cash under a watchdog’s kennel are among the strategies.

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Duncan Hughes is a Walkley award-winning personal finance reporter, based in our Melbourne newsroom. Connect with Duncan on Twitter. Email Duncan at duhughes@afr.com.au

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    Original URL: https://www.afr.com/wealth/personal-finance/how-divorcing-couples-hide-and-find-family-assets-20210914-p58rl0