Do You Suspect Your Spouse is Hiding Assets as You Head for Divorce in New York?
An essential phase of a traditional New York divorce is known as the "discovery" phase. During this time, both parties in a divorce are expected to disclose all assets, income and debt. This is an essential component of preparing for divorce and disclosure is not optional.
Unfortunately, some people may be deceptive about their assets and earning during a marriage, causing their spouses to suspect or realize that the other is hiding assets that have not been disclosed. If you are in that position, contact a family law attorney sooner rather than later. Waiting to take action can give the dishonest spouse a greater opportunity to transfer and move assets through a variety of crafty means.
An experienced, aggressive lawyer can be a valuable asset when one spouse is hiding assets such as the following from being disclosed:
- Business assets camouflaged by intentionally racking up debts or transferring assets to business partners.
- Undisclosed employment benefits such as deferred compensation (Your spouse may not even be aware of the sum total of such benefits.)
- Assets such as gold that leave no paper trail.
- Off-shore bank accounts.
- Bank accounts or other property transferred to a child, parent or sibling.
Do you need advice and assistance tracking down and documenting your spouse's hidden assets? Protect your legal rights to your rightful property and your financial future as you head into divorce. Entrust your New York divorce to Colwell, Colwell & Petroccione, experienced and dedicated family law attorneys.
For a free consultation, call 866-377-0285 or contact us online.
We are prepared to help you find your spouse's hidden assets, using strategies including the following:
- Help from experts: accountants, investigators, financial experts to audit business records
- Obtaining a temporary restraining order to freeze wasteful spending and prevent dissipation of property.
Attorneys of Colwell, Colwell & Petroccione, LLP - Find Assets a Spouse is Hiding
You don't risk anything by calling our Albany family law firm. All clients receive a free initial consultation. To schedule yours, call 866-377-0285 or just contact the law office online.
