Divorce can be a complicated and emotional process, and one of the biggest concerns for many individuals when going through the process is making sure that property and assets are divided fairly. Unfortunately, some spouses may attempt to hide assets during a divorce to keep more than their fair share. If you suspect your spouse is hiding assets, you need to take action to protect your financial future. At Kendall Gkikas & Mitchell, LLP, we have the expertise to help you uncover hidden assets and ensure an equitable division of property. Keep reading to learn what steps to take if you suspect your spouse is hiding assets and how a divorce attorney in Fontana CA can help!
Recognizing the Signs of Hidden Assets
The first step in addressing hidden assets is recognizing the signs. While it may not always be obvious, there are several red flags that may indicate your spouse is attempting to conceal property or income. Some of the most common signs include:
- Unexplained withdrawals from joint accounts
- Missing financial documents or sudden changes in account access
- Unusually high spending on luxury items or gifts
- Transferring assets to friends or family members
- Claims of reduced income despite no evidence of job loss or reduced hours
If you notice any of these signs, it’s essential to act quickly and consult with a divorce attorney who can help investigate further.
Gather Evidence of Hidden Assets
Once you suspect your spouse is hiding assets, the next step is to gather as much evidence as possible. Start by reviewing all financial records you have access to, including bank statements, tax returns, pay stubs, and investment accounts. Keep an eye out for any discrepancies, such as unreported income or missing assets. In some cases, it may be necessary to work with forensic accountants who specialize in uncovering hidden assets. These experts can trace financial transactions, identify hidden accounts, and provide evidence that you will need in court. Your divorce attorney can connect you with the right resources to strengthen your case and ensure that all assets are brought to light.
Contact Kendall Gkikas & Mitchell, LLP for Help Uncovering Hidden Assets
If you suspect that your spouse is hiding assets during your divorce, you need to take immediate action to protect your financial future. At Kendall Gkikas & Mitchell, LLP, we have 31 years of experience, and the resources needed to help you uncover hidden assets and ensure that you receive a fair and equitable division of property. Don’t let your spouse hide what’s rightfully yours! Contact us today at 909-482-1422 to schedule a consultation with a divorce attorney in Fontana CA.
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