Hiding Assets Is Not Uncommon In Divorce
We Protect Your Interests Regarding Property Division
Attempts to hide or omit assets can vary in terms of sophistication. If you believe that your spouse may not be forthcoming about all of his or her assets, it is important that you choose a lawyer with the ability to track down all assets that are subject to property division. At the Law Offices of Thomas M. Polinger, we have more than 35 years of experience making certain that all assets are accounted for during the divorce process to ensure fair division of community property.
How To Identify Omitted Or Hidden Assets
The reality is that most attempts to skew property division involve one spouse omitting an asset or undervaluing an asset, such as a family business. For example, he or she may simply not list a bank account. Thankfully, these attempts are fairly easy to identify, as other records may show transfers in or out of the omitted account. Similarly, attempts to hide assets by transferring them to a family member or friend may be detected when reviewing account records. For example, if one bank statement shows a withdrawal of a substantial sum of money, but there is no indication of what was done with that money, it may lead us to conduct an investigation and determine that the money was indeed hidden.
Our experience has taught us how to identify relatively sophisticated asset-hiding schemes, including those involving offshore accounts, interstate or international real estate, businesses and more. When necessary, we will work with forensic accountants, private investigators and other experts. You can be confident that we have the tools at our disposal to search out and identify all assets that are subject to property division.
Know What You Are Entitled To
The goal is to secure your fair share of the marital estate. However, when assets are omitted or hidden, it means that a spouse has violated his or her fiduciary duty. If it was done maliciously, he or she can be sued for breach and may be forced to pay additional damages. Our Hermosa Beach hidden assets attorney will see that you get all you are entitled to receive.