Your source for the Pro Se Self-Help Guidebook Series of books.

A Spouse's Guide To Hiding Assets

Support By Chapter

 

Introduction:

• Marriage Strike

• Financial Suicide
   

Types of Assets:

• Kelley Blue Book

• NADA Guides

• Ebay

• Craigslist

• Divorce Laws (Statutes) of all 50 states
   

Typical Types of Ownership:

• Chapter 608 of the Florida Statutes
• MyCorporation – Form your own LLC or corporation nationwide. Owned by Intuit, developer of Quickbooks.
• Single Member LLC’s – definition. Not recommended for personal asset protection.
• New Mexico LLC - Offers many benefits to being used to shield real estate and vehicles.
•  IRS Form 8832
• Chapter 620 of the Florida Statutes
• Family Limited Partnerships Limitations

Common Methods of Hiding Assets:

• Gift Tax Rules.

Fraudulent Conveyances:

• Section 61.075 (1)(i), of the Florida Statutes (1995)

• Related Articles:

  • Divorce, RICO & An Asset Search
  • Suing When Marital Assets Are Hidden In Divorce

Hiding Assets Offshore:

• IRS red flags

• IRS penalties

• The Asset Search Blog

• The Internal Revenue Code [IRC] code provision IRC Section 6048-c

• Abusive Offshore Tax Avoidance Schemes - Facts

• Vindictive Spouse Prefers Jail Over Sharing Assets with Ex

•  United States and the European Union and now share information

•  IRS recently subpoenaed millions of transaction records

• Form 1040 schedule B, and file TD F 90-22.1 every year

• Offshore Credit Card Program (OCCP)

• Here are a few articles you might want to read to increase your awareness of how the government is dealing with offshore accounts. 

  • Transcript: Hidden Assets
  • Court Approves IRS Summons For Offshore Credit Card Records
  • DOJ Press Release On Subpoenaing Visa Card Records
  • The End of Tax Havens? Something to keep in mind.
  • Sun Sets On Tax Havens
  • The Hazards Of Hiding Money Overseas
  • Hiding Money Offshore & Secret Bank Accounts
  • Offshore Scams
  • I.R.S. Curtails Many Audits in Tax Havens

   

Methods of Locating Assets:

• For a more complete list of items you can request during mandatory discovery in your court proceedings, Click here..

• Secretary of State's Office websites for the various states.

• Department of Motor Vehicles

• Federal Civil and Bankruptcy Records

• Social Security Death Index
• Ancestry.com SSDI
• FAA Registry
• United States Patent & Trademark Office
•  Dunn & Bradstreet: has financial and biographical information on companies and their officers.
•  Intelius: Good site used by many PI’s
•  IQData: On this site, you can check real property, social security numbers, drivers license, motor vehicles and more.
• KnowX: This web site will allow you to search for stocks listed to the spouse, real property, bankruptcies, boats, airplanes, lawsuits, judgments, liens and much more.
• SearchSystems: This web site provides access to many different types of searches throughout the U.S.
• Child support enforcement agency

Defenses Against An Asset Search:

• Report IRS fraud here

• Report Mail Fraud here

• Florida Statute (F.S.) 812.012.

Planning and Preparations:

• IRS Forms and Publications

• e-Gold

• GetEMoney for how the e-Gold system is used.

• Hillier v. Iglesias

Asset Protection for the Business Owner:

• Florida Statute § 608.433

• The Kiddie Tax Rules

• Section 179 Depreciation Recapture

• Taxpayer Relief Act of 1997

Appendix

Resource Links:

• Banking Secrecy Act – pdf file
• Banking Secrecy Act  - IRS implications
• Bankruptcy Data – Data on all the ones filed.
• Public Records By State – Individual state selections.
• Uniform Fraudulent Transfer Act - By State
• Revised Uniform Limited Liability Company Act
• Uniform Limited Partnership Act (2001)
• USA Patriot Act (H.R. 3162)

Related Links:

• Checks Unlimited: Checks for personal and business use.
• e-Gold: A new way of buying and selling gold.
• How to Be Invisible: The Essential Guide to Protecting Your Personal Privacy, Your Assets, and Your Life– Reference book on various techniques to remain anonymous and for asset protection.
• MyCorporation: Form your own LLC or corporation nationwide. Owned by Intuit, makers of Quicken and Quickbooks.