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Family Law Blog

Protect Yourself by Playing Fair: Why You Shouldn’t Hide Assets in a California Divorce

If you’re thinking about how to handle your California divorce and protect your assets, you may want to take into account the divorce of millionaire H. Beatty Chadwick. He’s never been charged with a crime, but since 1995 he’s been jailed for civil contempt after $2.5 million didn’t turn up during his divorce proceedings. When will he get out? Possibly not until he produces the money. While his wife believes he hid the money in offshore bank accounts, Chadwick maintains he lost the money in a failed overseas investment.  It’s important to protect your financial interests, but hiding assets or hiding money behind fraudulent business transactions is never the answer. Continue Reading