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4 places to learn more about your spouse's finances

You aren't sure that your spouse is going to be fully honest with you during the divorce. You're worried that he or she is going to try to hide assets.

This is a common fear. It may be illegal to hide assets, but that doesn't stop people from doing it. If your spouse handled the money and you want to be sure you know what assets have to be split up, here are four places you may find valuable information.

1. Tax returns

If your spouse did the taxes and was honest on them, this should tell you exactly how much you both earned last year.

2. Online bank statements

Does your spouse do his or her banking online? You may never have had a reason to log in to your joint accounts before, but now would be a good time to do it. Look not just at the totals, but also at any records of transactions moving money out of the accounts.

3. Investment portfolios

Even if your spouse checks his or her investments online, paper statements probably come to the house periodically. This can help tell you more about assets that you never use otherwise -- but which you still own.

4. The will

Did you spouse write a will to pass assets on to the kids? Maybe you signed off on it without really reading it. Now, it may be wise to read it over. While assets may have changed, odds are that your spouse won't have tried to hide anything by leaving it out of the will.

Dividing assets can be hard, but it's one of the most important parts of a divorce. Make sure you know how to fight for what you deserve.

Source: CBS News, "10 Steps to Avoid Losing Your Shirt in a Divorce," Jane Quinn, accessed July 10, 2017

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