Hidden assets in a divorce an obvious no-no; how to find them

If you see evidence relating to a vacation home you knew nothing about during the lead up to your divorce and pursuant to examining various documents your spouse has been keeping in a drawer, might it be time to hire a forensic accountant?

Maybe.

Your divorce attorney will certainly know one and can counsel you on next-step strategies regarding the accounting of marital property you might not know about.

Unsurprisingly, and as we note in an article on our website discussing assets hidden by a spouse during divorce, a full identification and equitable disbursement of marital property can be a major focal point in a divorce, especially one featuring significant assets.

And finding that property can take a bit of work. A spouse seeking a full accounting can take heart, though, in knowing that a systematic and thorough approach to finding assets can yield desired results. As the above-cited article states, “There are steps that people can take … to discover these hidden assets.”

The first step starts with a careful combing of all financial records. Methodical scrutiny of bank/credit union and credit card statements can obviously uncover anomalies and relevant information across a broad spectrum.

So, too, can a probing look at a spouse’s employment-related information. How much is in that 401(k) account? Does your partner have a pension plan? Stock options? Some sort of deferred-compensation arrangement? All these things can be discovered through careful research.

And, of course, no search that forgoes a microscopic look at tax returns and related documentation can be considered thorough. Tax documents can be a treasure trove of information concerning assets and various accounts.

A proven divorce attorney with experience in property division matters knows where to look for relevant information regarding assets, including property that is being intentionally hidden by a spouse.

Equitable sharing in divorce is important, sometimes critically so for a comparatively disadvantaged spouse. It can only result when all marital assets are identified and properly valued.

How The Siemon Law Firm Can Help

Contact our Georgia Family Law Firm by calling 770-888-5120 or by completing this contact form.

An attorney will respond within 24 business hours.

    Fields marked with an * are required

    I Have Read The Disclaimer *

    Our Office Locations

    Map of office locations

    Cumming, Georgia

    347 Dahlonega Street
    Building 100
    Cumming, GA 30040 770-888-5120 Cumming Law Office Map

    Marietta, Georgia

    One Parkway Center
    1850 Parkway Place, Suite 715
    Marietta, GA 30067 770-888-5312 Marietta Law Office Map

    Alpharetta, Georgia

    4555 Mansell Road
    Suite 300
    Alpharetta, GA 30022 770-888-5093 Alpharetta Law Office Map

    Atlanta, Georgia

    3400 Peachtree Rd NE
    Suite 555
    Atlanta, GA 30326 770-888-5078 Atlanta Law Office Map