Hopkins Heltzel Law Firm
Call For A Consultation814-299-5496

How do you find assets your spouse may be hiding?

Perhaps your taciturn spouse has become more secretive than usual and you believe he is capable of hiding assets now that divorce is in the offing.

What kind of hiding spots could there be, and how do you go about finding them?

Not uncommon

Hidden assets are not uncommon in a divorce, especially among wealthy couples with significant holdings. You want to be sure that all marital assets are out on the table. However, if something appears to be missing, your spouse could either deny that the asset existed or claim it was lost. There may also be marital assets you are not aware of. Your spouse could hide these by transferring them to a third party or by creating false debt.

The paper trail

There is usually a paper trail associated with most assets, and a good starting point is the examination of past tax returns. Go through them year after year, and look for discrepancies in reported items, paying particular attention to Schedules A through E. Your attorney can help, and the two of you may decide to bring in outside assistance from a specialist such as a forensic accountant.

Look for clues

Remember to check your home office files, home safe, safe deposit box or other such places where information about accounts or real property may exist. Your mortgage closing documents are a good source of information because lenders require you to list sources of income and your assets and liabilities when you apply.

Take action

Divorce is one of the most stressful, emotional events you will ever have in your life. Nevertheless, you must think of your future. You want it to be secure, which means that if hidden assets exist, they must be brought to light. Any information you and your team can find before the divorce proceeding gets underway will help your attorney protect your interests and work toward a fair settlement on your behalf.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Tell Us About Your Case!

Our dedicated team of experienced attorneys bring years of successful litigation and courtroom experience to offer a fresh outlook for all your legal matters. Regardless of the complexity of your situation, our team can provide you with a thorough evaluation of your case and current legal standing. To request additional information regarding our services, please reach out to our offices at your earliest convenience by calling 814-299-5496.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact

100 Meadow Lane
Suite 5
DuBois, PA 15801

Phone: 814-299-5496
Fax: 814-375-5035
DuBois Law Office Map

Review Us