What do I do if My Spouse is Hiding Assets in a New York Divorce?

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When spouses go through a divorce, there are many different matters that must be addressed. One of the most notable is the division of assets between both parties. This is done through the process of equitable distribution which divides assets based on what is fair. When facing these situations, spouses are often afraid of losing certain assets. It is because of this that they may be tempted to hide them. However, it is irresponsible and never a good idea to do so. If you believe your spouse is hiding assets, continue reading below and contact an experienced New York divorce attorney for assistance with your case.

How Can Assets be Hidden?

In divorce cases, there are honest and dishonest spouses. It is because of this that it is not always best practice to take what your spouse tells you at face value. This is due to the fact that there may be existing assets that you are unaware of. The following are different ways a person can hide assets during a divorce:

  • Overpaying on taxes so they can get the money bak in a refund the following year
  • Asking an employer to delay a promotion or raise until after the divorce
  • Delaying the receipt of a large commission from work
  • Transferring assets to a friend or a separate bank account

How Can I Discover Hidden Assets?

When spouses hide assets from one another in a divorce, it can be difficult to have a full understanding of the marital assets that are present in the case. That is why there are ways to uncover these missing assets. In certain divorce cases, it can be beneficial to retain the services of outside experts from various fields. In the event of missing assets, this can include a forensic accountant. The job of a forensic accountant is to locate assets that a spouse believes are missing in their divorce case. This can be done by monitoring the transfers and sales of a spouse to track where their money is going to uncover anything unusual. This may allow you to discover assets you may not have even known about.

Contact our Firm

Matters of divorce and family law should be navigated with the guidance of an experienced attorney. If you need strong legal representation regarding matters of divorce, family law, and estate law, contact the Law Offices of Susan A. Kassel, P.C. to schedule a consultation today.

Why choose our firm?

We have an excellent AVVO rating from our many happy clients

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We offer aggressive and effective representation

We treat our clients with the compassion, patience, and respect that they deserve

We have more than 20 years of dedicated legal experience

We have the legal knowledge necessary to help you obtain the outcome you desire

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What Our Clients Are Saying

I hired Susan to represent me in a divorce matter where I was fighting for custody and to limit my wife's equitable share of our assets. I won custody of our son, kept the marital residence, kept my professional practice, kept my building and paid less than half to my wife. This was after a long-term marriage. She could persuade the court that equitable is not equal and sometimes the man does deserve to win!

‐ Dave

I first must say that I had been represented by two prior attorneys both of whom had simply taken my money and left me nothing to show for it in my custody case. They kept telling me what they were doing for me but I found out they were lying. Susan on the other hand had gotten me temporary custody and support for my children and myself within two months of hiring her. I cannot say enough about her.

‐ Craig

After talking to a few other attorneys, I hired Susan to represent me in my divorce and custody dispute. I was reluctant to go with her because she was the cheapest out of all the other attorneys I met with, but I'm so glad I did. I am 100% positive no one else would have done such a great job with my case as Susan and her staff. Her work is quality, her staff is reliable and her character is honorable. There...

‐ Linda

I had a very difficult case where I had already burned through two attorneys who were unable to get me custody of my children and complete my divorce. Susan was able to rapidly work out an agreement and not let it just malinger on like my previous experiences. She was also considerate of my financial situation unlike all of the other lawyers I had spoken to. I highly recommend her if you want complete and caring service with an in-depth knowledge of...

‐ Joanne

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The Law Offices of Susan A. Kassel, P.C. proudly serves clients throughout Suffolk County, New York in their divorce, family law, and estate planning matters. If you require the services of an experienced Suffolk County attorney, schedule a consultation with The Law Offices of Susan A. Kassel, P.C. today.

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