Marital Law: Hidden Assets in Divorce
It can be a common issue in divorce cases where one spouse tries to hide assets. In some cases, a spouse may hide assets as a way of trying to get more from the property division, but other times, it may be unintentional.
To ensure that you find every asset, you need to investigate every financial aspect of your marriage. Begin by taking an inventory of all known assets. Then, look for anything that you suspect your spouse may be holding separately. All of these suspected assets can then be investigated and verified through financial documents (bank accounts, tax returns, retirement accounts, property records, and/or other financial accounts).
It is important to disclose every single asset that you and your spouse own. If it’s not included in your divorce paperwork, then the court has no jurisdiction over it, and you may lose out on significant assets.
The experienced attorney’s at Brown & Hobkirk can help you investigate and determine your equitable share of marital assets. Contact us today for a free consultation.