How Can A Divorce Attorney Track Down Hidden Assets In Your Divorce Case?

Many couples anticipate a happy marriage. However, some unions end in divorce due to incompatibility issues. If this is your current predicament, you're likely going through one of the most painful heartbreaks in your life. But even though you're emotionally vulnerable, you shouldn't take things like child custody and property division lightly. 

Instead, you should hire a seasoned divorce attorney to ensure you reserve the right to parent your kids and receive your fair share of the matrimonial wealth. You should acknowledge that during divorce, some partners can attempt to hide assets from their soon-to-be ex-spouse. And while you cannot know if this is the case for your partner, you're better off prepared, so you don't regret anything in hindsight. Read along to learn how your divorce attorney will track down hidden assets, if any, during your divorce.

Review Financial Documents

Before even going to court, your attorney will review any financial documents you have obtained from your spouse. This includes bank statements, tax returns, and credit card statements. Your attorney will look for any suspicious activity or discrepancies that could indicate hidden assets. 

Subpoena Third-Party Records

If necessary, your attorney can serve subpoenas on third parties, such as banks or other businesses that may have records related to your spouse's finances. This will give them access to information they otherwise would not have had access to. This way, they can uncover hidden assets or previously unknown income sources. 

Conduct Asset Searches

Your divorce attorney can conduct asset searches to locate any property or other physical assets that your spouse may have overlooked or forgotten during the proceedings. These searches can reveal valuable information about your spouse's investments or real estate holdings. This way, these matrimonial assets can be brought to light during property division. 

Utilize Private Investigators

In some cases, it may be necessary for an experienced private investigator to be brought in to help locate and track hidden assets during divorce proceedings. The services of a private investigator are not only invaluable when it comes to uncovering hidden assets but also revealing any fraudulent activities your spouse might have engaged in. This way, you can get ahead of any co-conspirator charges against you. 

Request Documents Under Oath

Lastly, if all else fails, your attorney can request that documents about your spouse's financials be produced under oath during discovery proceedings within the divorce case itself. This gives your attorney access to records from banks and other financial institutions, which could provide further insight into any potential hidden assets.  

Navigating through a divorce case is never easy, but having an experienced lawyer on your side makes it bearable. The divorce attorney will help you track down hidden assets to ensure you receive your fair share of the matrimonial assets.