Are Hidden Assets Common in Divorce Cases?

Are Hidden Assets Common in Divorce Cases?

Hidden assets in divorce cases are more common than people think--especially in high value divorces. Of course, no one wants to believe that their former spouse would deceive them in this way, but unfortunately, it is a common problem in divorce cases. Not only is this illegal, but it makes it much more difficult to reach a settlement in the end.

If you are concerned that your former spouse is hiding assets, then it is imperative that you contact a skilled divorce lawyer in Los Angeles so our team can help protect your best interests and do everything possible to ensure that you get the full and fair settlement that you deserve.

Property division is often one of the most contentious aspects of a divorce. It is so important that you have a trusted family lawyer on your side to ensure that no stone is left unturned. When choosing LLM Family Law, we have the knowledge, expertise, and resources necessary to ensure that your best interests are protected. We will help you discover hidden assets and do whatever it takes to get you the settlement that you deserve.

How Do Hidden Assets Take Place?

Hidden assets can take place in many different forms. From overstating debts, to claiming personal expenses as business expenses, to understating marital property, to reporting a lesser than actual income, to hiding an offshore bank account, to hiding assets with family or friends, and so much more. There is definitely no shortage of ways that spouses (illegally) hide their assets. 

However, when a divorce case unfolds, it is important to know that a highly experienced divorce lawyer will look thoroughly into the finances of each spouse to ensure that no assets are being hidden. 

At LLM Family Law, we have helped a great number of our clients uncover hidden assets and have worked endlessly to ensure that they receive the fair settlement that they deserve.

If you are in need of a trusted family lawyer in Los Angeles who specializes in complex divorce cases where hidden aspects may be a problem, you can trust our team to help you every step of the way. With years of experience representing our clients, we have the confidence to provide you with the legal representation that you need and deserve.

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