What To Do If You Suspect Your Spouse is Hiding Assets During a Divorce

Going through a divorce is one of the most difficult and emotionally challenging experiences that one can go through. And, if you suspect that your spouse is hiding assets, it can create even more tension and conflict. But you don’t have to face this alone. Our divorce attorneys at Arami Law can help you navigate this complex process and ensure that your rights and best interests are protected.

Understanding Hidden Assets in a Divorce

First and foremost, it’s important to understand that hiding assets during a divorce is illegal and unethical. But unfortunately, it happens more often than you might think. Some spouses may try to hide assets in order to avoid having to split them with their partner. They may transfer funds to a secret bank account, undervalue assets, or even give possessions to friends or family members in an attempt to hide them.

If you suspect that your spouse is hiding assets, the first step is to speak to a divorce attorney as soon as possible. An experienced attorney can help you gather evidence to support your suspicions and ensure that you are aware of all of the assets that are at stake in your divorce case.

What the Process Involves

Finding hidden assets and unreported income during a divorce case can be a challenging and emotionally charged task. However, the discovery phase provides an opportunity to uncover financial information that may be crucial to the settlement. Through written interrogatories, requests for production, and depositions, attorneys can uncover hidden assets, such as bank accounts, offshore holdings, and real estate. Additionally, unreported income may be uncovered by reviewing past tax returns and business financial statements. 

It is important to approach this process with care and attention to detail, ensuring that all necessary documents are obtained and reviewed thoroughly. By working closely with your attorney and utilizing the resources available during discovery, you can ensure that your settlement is informed and fair.

Considerations

It’s important to approach this situation with caution. Accusing your spouse of hiding assets can create even more animosity and increase tension during an already stressful time. Your attorney can help you weigh the pros and cons of pursuing an investigation into hidden assets and determine the best course of action for your specific situation.

Ultimately, having an experienced divorce attorney in your corner can provide you with peace of mind that your interests are being protected throughout the divorce process. Your attorney can help you navigate complex financial issues and ensure that your rights are upheld.

Call Our Firm for a Consultation

At Arami Law, we understand the challenges that come with divorce and family law issues. We are committed to providing compassionate and effective legal representation to help families move toward a better future. With nearly twenty years of experience, attorney Kourosh Arami has the knowledge and skill to help you navigate even the most complex divorce cases.

If you suspect that your spouse is hiding assets during a divorce, don’t wait to take action. Contact Arami Law today to schedule a consultation and learn more about how we can help you protect your rights and secure your financial future.