Uncovering Hidden Assets During Divorce
New York City Divorce Lawyer
In a divorce, it is not unusual for spouses to engage in behavior that they would not otherwise have participated in. In some divorces, this means hiding assets from the other spouse so that those assets are not involved in marital property division. This is tantamount to lying and it is not acceptable. At The Law Offices of Andrew J. Spinnell, LLC, in New York City, we take action on behalf of our clients to uncover
hidden assets. Our attorneys use years of experience and in-depth knowledge of the law to engage in asset discovery.
One of the most common situations involving hidden assets is when a couple or individual spouse owns a closely-held business. Business records may be altered to show that the company is making less money, or even taking a loss, when it is not. Sometimes money is transferred into or out of the business in a way that makes it appear less desirable. Our lawyers examine the records of a closely held business' assets. With thorough investigation and the help of an experienced lawyer, it may be possible for a spouse to get directly at assets of a business if lying is thought to be involved.
If hidden assets are suspected, we often bring it to the judge's attention at the beginning of the divorce case. We partner with forensic accountants, private investigators, tax and other financial experts to help locate hidden marital assets. Looking at documentation, like tax returns and ledgers, we can discover a spouse's attempt to hide assets. We find out where the money is being spent or if property has been transferred into a friend or relative's name. Our founding New York City divorce attorney Andrew J. Spinnell, is a consummate professional with a 24/7 devotion to his clients and cases. He strives to provide each client with a winning strategy, working with them even after normal business hours and on weekends to help achieve the best possible results.