Hidden Assets and Divorce
During divorce cases, as assets are being divided, one spouse may suspect the other spouse of hiding certain assets or income so that they are not subject to the court’s discretion. This illegal act can leave an individual without assets and property that is rightfully his or hers. While you cannot be expected to have a complete knowledge of all of your spouse’s financial dealings, it is important that you remain alert and aware of indications that assets you knew of are not being properly represented in disclosures made to the court.
The law requires couples seeking a divorce to present their financial circumstances fully and accurately, including income, personal accounts, and other assets. If you believe your spouse is hiding assets, you need an aggressive and experienced divorce attorney to fight to uncover the truth. Contact the Conroe & Spring divorce attorneys of Garg & Associates P.C., at 800-242-2151 today to speak with a qualified lawyer about your case.
Types of Assets Your Spouse May Hide
Our team of legal experts will enlist the help of forensic accountants, skip tracers, and private investigators to pursue evidence that suggests your spouse has attempted to keep assets in secret. The following are representative of methods often undertaken to misrepresent one’s financial circumstance:
- Failing to report all income one earns if he or she owns a business
- Spending a business’s money for personal use
- Not presenting certain bank accounts or retirement accounts
- Failing to disclose ownership of real estate interests
Contact Us
While it is normal for a spouse to be anxious about retaining as much property or cash as possible, there can be no tolerance for unlawful deceit. Contact the Conroe & Spring divorce lawyers of Garg & Associates P.C., at 800-242-2151 for assistance in preventing miscarriages of justice in the division of assets.
