Title: Hidden Assets In A Divorce Cause Problems
1 Hidden Assets In A Divorce Cause Problems
2Nobody gets into a marriage thinking that it will
end. However, there are times when separation is
the best thing for both parties. When that
happens, you may discover that your spouse is
hiding assets during the divorce proceeding. If
you suspect this is the case, you should seek
legal assistance as soon as possible.
- At the Law Offices of Stephanie L. Mahdavi, you
can count on having someone by your side who will
fight to uncover the truth, an advocate that will
ensure you are treated fairly. When you need a
high asset divorce attorney, call them today.
3Why Would Someone Hide Assets?
- All property acquired during a marriage is owned
equally by both spouses. This can lead to
problems during a divorce, as one or both parties
may attempt to hide some assets from the other
party. This may seem like a tough task to
accomplish, but it happens more often than people
realize.
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Why Would One Party Try To Hide Assets?
- They think the other spouse is hiding assets. It
could be that neither spouse trusts one another
and they are both hiding assets.
- They disagree with how much they will have to
split with the other party. Since all property
will be split equally, one spouse may feel that
they are entitled to more if they think they have
earned it.
- To lower their child support or alimony payments.
By devaluing their earnings and assets, they may
be trying to ensure they pay less out in eventual
support payments.
- They just do not get along with the other spouse
and want to deny them the ability to enjoy many
of the assets.
5Regardless of a persons reasons for hiding
assets, it is illegal. If one spouse believes
that the other spouse is hiding assets, they can
take steps to discover the deception. An attorney
will be able to use a process known as discovery
to
Where To Look
- Force your spouse to testify under oath.
- Demand documents that would disclose financial
records. This can include tax returns, loan
applications, and records from banks.
- Inspect any safe deposit boxes.
Discovery is the best way to gain access to the
information your spouse is withholding because
the court can compel compliance. If a spouse lies
under oath, they could be charged with perjury.
6They know that going through a divorce is never
easy. The process of dividing assets can be
incredibly complex. If a spouse is intentionally
hiding assets, then the situation can become much
more complicated. For those with a significant
amount of property and assets, it is important
that you have an attorney helping you through the
proceedings. At the Law Offices of Stephanie L.
Mahdavi, you can count on having a qualified
Thousand Oaks high asset divorce attorney by your
side.
What Stephanie L. Mahdavi Can Do To Help
7Contact Law Offices of Stephanie L. Mahdavi A
Professional Law Corporation
- Address
- 4530 E Thousand Oaks Blvd, Suite 200
- Westlake Village, CA 91362
- Phone No
- 805-379-4550
- Website
- https//www.slmfamilylaw.com/contact/