One of the greatest concerns to individuals who are divorcing or contemplating divorce is the possibility that their spouse is hiding or dissipating assets. \u00a0While such conduct may be the exception rather than the rule such actions on the part of one spouse can have extreme financial consequences to the detriment of the other.<\/p>\n
In those cases where there is a basis for suspicion, as experienced matrimonial attorneys we at Lindabury can take the initial steps to investigate whether a spouse is attempting to hide marital assets. \u00a0In those divorces were the suspicion is confirmed, we may recommend the use of a forensic accountant, investigative expert, or an \u201cIT\u201d (information technology) professional to discover the extent to which this conduct has occurred. \u00a0Lindabury\u2019s Family Law Group has decades of experience advocating on behalf of clients involved in contentious divorces.<\/p>\n
KNOW THE SIGNS:<\/strong><\/span> \u00a0Hiding marital assets can be an attempt by one spouse to gain the upper hand in a divorce. \u00a0Some of the more common signs are regular and consistent withdrawal of cash from a checking account or at an ATM, unexplained travel expenses, payments to unknown parties or friends or relatives for no plausible reason and the payment of debt for reasons of which you are unfamiliar or unaware.<\/p>\n