If You Suspect Your Spouse Is Hiding Assets Before Divorce
A fair and equitable division of assets in a divorce requires each spouse to provide a full disclosure of all property. If you suspect that your spouse is trying to prevent a fair division of property by hiding assets, consult with a skilled divorce attorney right away. Even if a divorce has not been filed, if you suspect that your spouse is hiding assets, you should consult an experienced attorney to ensure that your rights are protected.
The lawyers of Nelson, Krueger & Millenbach, LLC are here to guide you through the process of identifying and dividing complex or high-dollar assets. We will take all necessary measures to ensure that your spouse is being honest about the value and location of all assets.
People Hide Money And Other Property In Many Ways
You may have strong suspicions about your spouse’s mishandling of assets before your divorce in one or more of these ways:
- They are giving or lending property to their family members, close friends, or business associates.
- They have bought digital currency through hard-to-trace online accounts.
- They have physically hidden valuable items, possibly claiming that those things have been lost or stolen.
- They have improperly and surreptitiously put personal funds in business accounts, or they have failed to disperse monies from their business accounts that they are entitled to.
- They have not disclosed all bank accounts, retirement accounts and/or investments.
- They may even have established offshore trusts to move marital money.
If you suspect something is amiss, consult an attorney who will take all available actions to identify any undisclosed assets. Our lawyers at Nelson, Krueger & Millenbach, LLC have the experience and skills necessary to protect your rights. They will work with forensic accountants, if required, and hold your spouse accountable when it comes to locating assets and dividing them fairly.
If your divorce has already been finalized and you discover undisclosed assets, you can bring your spouse back to court. A judge may find them guilty of being in contempt of court for failing to disclose assets during the divorce. The court can impose the appropriate sanctions and compensation to you for these actions, which includes the division of the asset.
We Are Here To Help You Set Things Straight
Suspecting that the person you trusted is hiding assets can be terrifying. You do not have to go it alone. The team at Nelson, Krueger & Millenbach, LLC will guide you through the process and support you every step of the way. To schedule a free initial consultation, call 414-939-0529 or complete our online inquiry form.
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