How to Discover Hidden Assets During Your Divorce
How to Discover Hidden Assets During Your Divorce
You thought you knew everything about the person you’ve called your significant other for many years, but when your marriage collapses, you may be shocked to discover the level of deception they’re capable of. When it’s time to discuss asset division, alimony, and child support, you may hear that your otherwise well-to-do spouse has suddenly fallen on hard times. How can the judge split something that isn’t there anymore? While this may be a very unpleasant situation, there’s no need to despair. Your spouse may think they’re very smart, but you can beat them at their own game by hiring reliable hidden assets attorneys. Their job resembles that of a PI, but it’s more than that. An attorney specializing in finding hidden assets will employ legal means so any evidence they find is admissible in court and you don’t find yourself embroiled in any illegal activity. What is the difference between separate and marital property?Dividing marital assets at the time of your divorce can be quite a headache if you have significant bank accounts and property. According to the law, any property obtained during the matrimony is considered a shared asset that must be split, unless your spouse obtained it through inheritance. Even then, you may have a right to part of that property if you used money from your shared bank account for the upgrade and maintenance of the said property. The same applies to any property that the spouses brought into the marriage. They will retain separate ownership of that property, but you should be compensated if common funds were used for the upkeep of that property.A real estate property is more difficult to hide, but people going through a divorce can get very creative when it comes to making other assets vanish. Or, at least they think they’re being very smart, but an experienced hidden assets lawyer has probably seen them all.What are the most common ways to hide assets?
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Bank accounts and hedge fund accounts
Stocks, bonds, mutual funds
Collectible items
Precious metals
Jewelry
Cryptocurrency
Art
Memorabilia
Antique furniture
Patents
Equity positions in private companies
About Peter Charles
Having graduated from Saint John’s University in 1993, Peter Charles, Chief Operating Officer, brings a dynamic 28-year sales career reflecting pioneering experience and record-breaking performance in the computer and internet industries. He remains on the industry’s cutting-edge, driving new business through key accounts and establishing strategic partnerships and dealer relationships to increase channel revenue. He is currently focused on providing multiple revenue streams for USAttorneys.com. He can be reached at 800-672-3103.