My Spouse is Buying Gold: Are They Cheating?

 Posted on December 14, 2013 in Family Law

If your spouse has for sometime or even quite recently been buying gold in the form of jewelry or other forms it is not necessarily because your spouse is cheating on you or giving these as gifts to some other person. If divorce is imminent, it is an effective way of concealing cash in a form that goes relatively unnoticed.

On the other hand, men in particular do not realize that when their wife buys herself a bauble or special gift, it is in fact a way of concealing money in an asset that appreciates in value and is easy sell or even return to the jeweler for cash.

This type of spending also has the increased benefit to your spouse of creating a history or precedent of spending during your marriage. A nonworking spouse can claim this spending reflects a family lifestyle that you silently agreed upon during the marriage. Your silence is your agreement.

Then your spouse may claim that her she is entitled to keep the same lifestyle enjoyed by the both of you during the marriage after a divorce.Your current "lifestyle" allows your spouse to argue to continue her spending practices through a much-needed award of alimony or maintenance as he or she would say. To be paid by you and continuing after the divorce.

Though your spouse buying gold does not mean they are necessarily cheating on you, but it could mean they are building assets in the event of a divorce. Contact an experienced Hinsdale, Illinois divorce attorney today if you have questions. The attorneys at Martoccio & Martoccio offer free consultations to discuss the events leading up to your divorce matter. Call 630-920-8855 for assistance.