Concealing Assets or Income During Divorce

Concealing Assets or Income During Divorce

In many divorce cases, one spouse or the other will attempt to hide assets.  Once your case has been filed with the court, We can engage in a process called discovery. Discovery is a part of the divorce process where your attorney will file interrogatories, requests for production, requests for admissions and other documents that will require the other side to answer questions, produce bank statements, tax returns, listing of expenses, credit card statements, retirement plan statements, deeds, vehicle titles, and other documents that will assist you and your attorney in determining what assets you and your spouse have or where assets may have been concealed or hidden.

If your spouse owns his or her own business, we will also request financial statements, balance sheets, business tax returns and profit and loss statements to determine where your spouse may be concealing assets within their business. Many business owners pay a great deal of their personal expenses through their business and then reduce the amount of income that business reports. It is important for your attorney to have all these records so an appropriate accounting of your marital assets can be determined.

Our Divorce Lawyers are Ready To Help You

When cases are exceptionally complicated, we hire a forensic accountant to help us go through these documents. In order to make sure that all the assets are on the table, you need to cooperate with your attorney and let them go through the discovery process so they can help you obtain the best financial settlement possible.

Get Our Free Special Report

FACING DIVORCE: Seven Steps You Must Take Immediately to Protect Your Financial Future

Listen to Our SOUNDCLOUD PodCast

Listen to Our ITUNES PodCast