Discovering And Dividing Hidden Assets
Last updated on May 17, 2023
When you hear the term “hidden assets,” you may think of marital property disguised through devious, fraudulent activities. You may believe that neither you nor your spouse would do anything illegal through the process of divorce. In fact, however, hidden assets do not always reflect attempts at deception. For example, an executive may not realize that deferred compensation – possibly not payable for many years – should be listed as a marital asset. If you work with Callahan | Barraco, you can be reassured that we will not overlook potential hidden assets such as these.
Our divorce law firm includes a large team of attorneys with solid experience. We collaborate as needed to ensure that our clients receive the caliber of representation that they deserve. Our attorneys are here to help you through all aspects of property division, including the discovery and division of hidden assets.
What Assets Might We Uncover For You?
At Callahan | Barraco, our family law attorneys will draw on our large pool of well-prepared divorce lawyers and associated experts to match you with the right one for your case. We may work with professionals such as business valuators and forensic accountants as needed to find hidden assets that your husband or wife has failed to disclose. We may discover that your spouse’s share of marital assets should include one or more of the following:
- High-value collectibles
- Stocks, bonds and cash accounts in banks that the two of you don’t typically use together
- Offshore accounts, real estate held abroad and other foreign assets
- Cryptocurrency accounts, nonfungible tokens (NFTs) and other cyber-based assets
- Business assets, including land, machines, tools, vehicles and warehouse contents
- Assets that your spouse has recently given or lent to family members or close friends
- Assets that your spouse has hidden in barns, underground or in other obscure locations
It is naturally best to discover all marital property before settlement negotiations or a divorce trial. When you do business with Callahan | Barraco, we will do what it takes to bring any hidden assets to light. If your divorce is already complete and the existence of hidden assets becomes apparent, we can help you take your spouse back to court to pursue the appropriate division of hidden marital property.
Don’t Let Your Share Of Marital Assets Be Wrongly Denied Through Deception
If you suspect that your spouse is hiding assets as you are approaching divorce, a skilled family law attorney may be your most important ally. The sooner you have a professional on task, the more chances there may be to retain your rightful portion of hidden assets. Reach out to the attorneys at Callahan | Barraco to discuss your suspicions. We will explain some of the tools we have available to trace and recover hidden assets. Call 508-271-7963 or send a message to schedule a consultation with one of our divorce attorneys.