What Assets Could My Spouse Be Hiding?
Going through a divorce can be made especially difficult when one side isn’t willing to be open and honest about the couple’s assets. Dividing property is often a highly contentious part of a divorce, causing spouses to argue viciously about who should receive certain pieces of property or financial assets. If one spouse tries to hide property during this process, it can be made exceedingly more difficult.
If you’re facing divorce and need to know what legal options are available to protect your rights during this process, we may be able to help. For more information regarding the divorce process, contact the Boca Raton divorce lawyers of Eric N. Klein & Associates, P.A., today by calling 561-353-2800.
Commonly Hidden Assets
A divorce can bring out the worst in a person, as an individual may try to fight his or her spouse for their possessions. However, hiding assets may violate the basic agreements of a divorce, which is supposed to fairly divide property between the two spouses.
The following assets may be hidden by a spouse:
- Bank accounts
- Retirement accounts
- Antique properties, which may be specifically undervalued by a spouse
- False debts, which are secretly repaid to the spouse after the divorce
If a person suspects that their spouse is hiding these properties, they can take action for a formal discovery by the court. These discovery actions can reveal bank records and other documents that show the real value of hidden assets.
Contact Us
If you need help during your divorce, you may be able to benefit from our legal services. To learn more about your legal options during a divorce, contact the Boca Raton divorce attorneys of Eric N. Klein & Associates, P.A., at 561-353-2800 today.
