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Why it does not pay to hide money in divorces
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Even when a marriage ends, spouses should not resort to sly tactics because the law will always have a way to make them pay back.
PHOTO: ISTOCKPHOTO
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SINGAPORE - When it comes to the game of hiding money, some warring spouses drag in their parents, children and friends as accomplices to get a bigger slice of the matrimonial assets.
These third parties often claim they are owed money or have stakes in the assets, so once they are “repaid”, the opposing spouse will get a smaller share of the spoils. But they forget that judges who preside over such hearings are experts in seeing through flimsy excuses that are unsupported by evidence.
