Hidden Assets In A Divorce Cause Problems - PowerPoint PPT Presentation

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Hidden Assets In A Divorce Cause Problems

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Nobody 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 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. You can contact them by calling 805-379-4550. – PowerPoint PPT presentation

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Title: Hidden Assets In A Divorce Cause Problems


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Hidden Assets In A Divorce Cause Problems

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Nobody 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.

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Why 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.

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Regardless 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.
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They 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
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Contact 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/
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