How Do You Uncover Hidden Assets During Your Divorce?
San Diego, CA – A major objective of any divorce is to divide assets and debts between the two parties. Both spouses must then be forthcoming when it comes to disclosing the assets that are to be divided. This becomes problematic when one spouse isn’t quite as honest as the other.
If you suspect that your spouse is hiding property, money or other assets from you during your divorce, it is up to your attorney to properly uncover all assets that should be divided during the divorce process.
San Diego Divorce Attorney John Griffith of Griffith, Young and Lass, also serving Leucadia, says that trying to uncover hidden assets can be a problem if a person doesn’t know the proper steps to follow and that only a skilled divorce attorney can deliver the experience and know-how to bring the divorce to a fair and proper ending.
Griffith says that the first thing he would do in a situation where a spouse may be hiding assets is to analyze the couple’s financial documents; both those provided by his client and the other spouse.
“Many times, this step alone will reveal undisclosed property, bank accounts, retirement accounts or stock portfolios,” Griffith said.
Griffith will use what is known as the discovery process to determine if there are assets his client might not know about. “The discovery stage is where both parties are provided an opportunity to search and ask questions related to the details in the case. This could involve reviewing documents, interviewing people close to the couple, or getting the other spouse to answer specific questions,” Griffith said.
Working with Other Experts
Griffith notes that at times he may consult with a private investigator or forensic accountant to help dig up any assets that may have been skillfully covered up by the other spouse.
In some cases, a court order may be called upon to force the other spouse to give up hidden assets. Griffith says that an experienced attorney will know how to file the court order and what information to include to get the court to act.
Hiding assets during a divorce are against the rules of California law. If you are going through a divorce and you suspect that your spouse may be hiding assets from you, contact experienced San Diego Family Law Attorney John Griffith for a free consultation.
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