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Being proactive can help you uncover hidden assets

| Nov 14, 2016 | High-Asset Divorce |

If you are beginning the divorce process, one of the most important things you must do is hold your soon-to-be ex accountable for revealing all of the assets they control that are eligible for division. And if these assets are valuable, getting an accurate declaration could prove difficult if your spouse is loathe to share. In fact, he or she may attempt to hide assets and keep you from getting your fair share.

So, what can you do to make sure that all assets are brought to the table for division? Well, primarily, you need to be proactive in your pursuit. One of the first things you can do is demand that your spouse turn over copies of all pertinent financial records. This can include documents pertaining to taxes, business finances, and household bookkeeping.

Additionally, when you receive your ex’s voluntary asset disclosure, you must review it thoroughly. Take careful note if something is amiss. You can also have your attorney serve your ex interrogatories, which are written questions that must be answered honestly and within a specified period of time.

It would be great if spouses were always forthcoming when declaring the assets in their possession. Unfortunately, sometimes it can take some work to get an accurate inventory. Remember, you will be experiencing numerous changes very soon and your settlement will be an important part of your life moving forward. And an experienced high asset divorce attorney could help you uncover all that to which you are entitled to share.