DeepSummary
In this episode, Nicole Lapin discusses financial infidelity in relationships with Cheryl Hynes, a forensic accountant, and Brandi Glanville, a former Real Housewives of Beverly Hills cast member. Cheryl explains tactics used by spouses to hide assets during a divorce, such as sudden income deficiency syndrome and intentional impoverishment. She also shares wild stories of her cases, including a spouse hiring a hitman to kill her and her team.
Brandi recounts her own experience of financial infidelity during her divorce, where she discovered secrets and hidden assets through a forensic accountant. Despite living an extravagant lifestyle, she ended up with nothing after the divorce due to her ex-husband's deception. She advocates for prenups or postnups to protect oneself financially.
Nicole emphasizes the importance of being financially aware in a relationship and not blindly trusting a partner with money matters. Red flags for financial infidelity include a partner being vague about finances or unwilling to share information. She also provides tips on identifying intentional impoverishment and validating income claims during a divorce.
Key Episodes Takeaways
- Financial infidelity involves hiding assets or intentionally misrepresenting one's financial situation from a spouse or partner.
- Common tactics used in financial infidelity include sudden income deficiency syndrome, sudden asset deficiency syndrome, and intentional impoverishment.
- Red flags for financial infidelity include a partner being vague or dismissive about finances, refusing to share information, or making major financial moves without consultation.
- Prenups or postnups can help protect individuals from financial infidelity during a divorce.
- Forensic accountants specialize in uncovering hidden assets and financial deception during divorce proceedings.
- Blindly trusting a partner with finances can leave individuals vulnerable to financial infidelity and its consequences.
- Financial infidelity can have severe emotional and financial impacts, potentially leaving victims with no money, credit, or stability.
- In extreme cases, financial infidelity can lead to criminal behavior and even violence.
Top Episodes Quotes
- “I'd never saved money before. I had modeled, and basically what I made, I spent. And then I met my ex husband, and I had a credit card with my name on it, and I put everything on that credit card, and I trusted him. I was madly in love, and I never questioned anything. And I signed everything that was put in front of me. And I think that happens to a lot of trusting wives and partners. And I came out of the divorce with nothing.“ by Brandi Glanville
- “Intentional impoverishment is something that you're going to see, and it really is a shame when it comes up where one of the parties is so bitter toward the other that they would rather intentionally take some action or inaction that's going to result in them having less income than they normally would have available just because they don't want to share it.“ by Cheryl Hines
- “And I've got three cases that were pretty epic. The guy hired a hitman to kill his wife. Hitman was a cop because it always is. And, you know, when he did that, then he. She files for divorce, blah, blah, blah, blah, blah, blah. Um, while he's in jail, he hires another hitman, not to kill just her, but to kill the attorney, the forensic accountant. That's me. Who's. Oh, yeah. Who's coming up with all the crazy, you know, all the stuff that she's going to be able to take away from him if this divorce goes through. Dude, you're in jail for, like, 25 years. You waive a goodbye, right? And he was actually caught a second time for soliciting hitman from jail. So the craziest part of that is he wanted proof that the attorney was dead because he wanted the hitman to bring him. The attorneys. What's the technical word? Gonads.“ by Cheryl Hines
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Episode Information
Money Rehab with Nicole Lapin
Money News Network
4/9/24