Dear Gina Famularo,
My husband is self-employed and doesn't disclose all his income on his income taxes.We now have separate bank accounts and he keeps a lot of his money in cash. I also know he owns some real estate in his name only, but he refuses to tell me what he owns. Is there some way to force him to reveal to me all his assets? What happens if he doesn't? -Anonymous
Dear Anonymous,
Find out what's happening in Temeculafor free with the latest updates from Patch.
California law requires each spouse to act fairly and honestly with the other when dealing with financial matters. Each spouse must disclose everything they make, everything they owe, and everything they own. Failure to do so can result in sanctions, and, in extreme cases, forfeiture of the entire undisclosed asset. There is a famous case that happened about ten years ago where the wife bought a lottery ticket while married to her husband. She won the lotto after they separated and didn't tell her husband. He was awarded the entire lottery winnings. However, you have to prove the asset exists and that the other party knowingly concealed the asset. It sounds like you will need to hire at least one expert to help you, perhaps more. This may include a private investigator, an accountant, and an attorney. -Attorney Gina Famularo
