Hidden Assets
Hidden assets are money or property one spouse conceals during a Florida divorce to keep them out of equitable distribution. Because Florida requires full financial disclosure, deliberately hiding assets is a serious violation that can lead a judge to award a larger share to the other spouse or impose sanctions. Common examples include undisclosed bank accounts, cash, cryptocurrency, or assets transferred to friends or family.
Last updated June 21, 2026
Legal Definition
Marital assets intentionally undisclosed or undervalued in violation of Florida's mandatory financial disclosure duty under Fla. Fam. L. R. P. 12.285, which a court may consider when fashioning an unequal equitable distribution under F.S. §61.075.
Example
Her attorney suspected hidden assets after the bank statements showed large transfers to an account never listed on his financial affidavit.
Related Statutes
- 61.075
Related Terms
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