5 Mistakes to Avoid When Divorcing Over 50

4. Hiding, relocating, or devaluing assets

Insider Monkey Score: 18

In a divorce, where particularly a lot of money is at stake, one might be tempted to hide, relocate, or even devalue their assets. However, when the truth emerges, one might be in for some real legal trouble. Repercussions for hiding or devaluing assets include giving your partner additional assets, fraud or perjury charges, or contempt-of-court rulings.