Locating Hidden Assets in Dissolution Matters
It happens more often than you might expect. A couple can seem financially secure during their marriage with bills paid, the business doing well, and few obvious problems. But once the separation process begins, one spouse may claim the business is struggling or that money is missing. This often leads to questions about hidden assets.
Hidden assets are more common in high-asset or complex dissolution cases, where there are multiple accounts, business interests, or investment portfolios involved. Spouses may attempt to hide property in many ways, such as:
- Underreporting income from a business or side job
- Delaying bonuses, commissions, or business contracts until after the case
- Transferring property or funds to friends, family, or business partners
- Creating fake debts or overpaying taxes to receive future refunds
- Concealing valuable items such as artwork, jewelry, or collectibles
- Using cryptocurrency or offshore accounts to disguise transactions
No matter how assets are hidden, concealing property during a dissolution matter is both illegal and unethical. Courts take these matters seriously and may impose severe penalties on those who attempt to deceive the process.
How Our Firm Uncovers Hidden Assets
At Stange Law Firm, we have experience uncovering hidden assets and protecting our clients’ rights. When you suspect your spouse may be hiding income or property, it is crucial to act quickly and involve professionals who understand how to trace complex financial activity.
Our attorneys can work with a network of forensic accountants, financial investigators, and valuation specialists who know how to follow the money trail. These experts carefully review tax returns and business ledgers, bank statements and wire transfers, credit card and loan accounts, investment and retirement portfolios, and property records and vehicle titles.
Through thorough investigation and analysis, it is possible to uncover discrepancies and locate the missing assets that rightfully belong in the marital estate.
Our approach combines legal strategy, financial experience, and persistence. We are dedicated to your case and fight hard to ensure your voice is heard in court. Whether your spouse is attempting to hide money in a business, undervalue property, or transfer assets secretly, we work tirelessly to reveal the truth and pursue fair results.
Legal Consequences of Hiding Assets
Courts do not take financial dishonesty lightly. If a spouse is caught hiding assets, the judge has the discretion to impose serious consequences, including awarding some or all of the concealed property to the innocent spouse. In some cases, the deceptive party may also face fines, contempt of court, or even criminal penalties for perjury or fraud.
Being transparent about finances is not only a legal obligation but also a key step toward achieving a fair and equitable outcome.
Taking Proactive Steps to Protect Your Interests
If you suspect your spouse may be hiding assets, early action is essential. Here are a few steps you can take:
- Gather and copy financial documents such as tax returns, pay stubs, and bank statements.
- Monitor account activity for unexplained withdrawals or transfers.
- Avoid confronting your spouse directly, as they may take additional steps to hide assets once they realize you’re suspicious.
- Consult an attorney experienced in high-asset and complex divorces as soon as possible.
At Stange Law Firm, we guide clients through this process with confidentiality and care. We understand how emotionally and financially draining these situations can be, and we work diligently to protect your rights at every stage.
Contact Our Multi-State Domestic Litigation Attorneys Today
If you believe your spouse may be concealing assets or you simply want to ensure full financial transparency in your case, our team can help. Contact Stange Law Firm online or by phone at 855-805-0595 to schedule a confidential consultation at any of our convenient locations. Our attorneys are ready to help you uncover the truth and safeguard your financial future.
