Diligent Divorce Attorneys Investigating Hidden Assets in Wheaton, IL
Divorce is often a complicated process. There are many issues that require examination. Perhaps one of the most important of these issues involves determining the full value of marital assets. By doing so, your divorce attorney can help to protect your financial interests and aid you in reaching your goals.
But, can you be certain your spouse is telling the truth about the value of your shared assets? Could he or she be hiding accounts or secretly spending part of your family's income?
At Musielak & Rosinski LLC, we assist our divorce clients in finding hidden assets their spouses may be attempting to conceal. In an effort to locate buried assets, our divorce lawyers rely not only on their own aggressive research but also on the assistance of industry experts such as forensic accountants.
If you suspect your spouse may not be telling the full truth about your financial situation, get help finding hidden assets. Contact Musielak & Rosinski LLC at 630-344-6525 to arrange a consultation.
Finding Hidden Assets During Divorce
In a perfect world, you would be able to put full trust in your spouse and the statements he or she makes concerning your joint assets. Unfortunately, divorce situations are usually far from perfect. We often receive calls from worried individuals who are concerned their spouses are hiding something. Our experience tells us our clients' hunches are usually correct.
When finding hidden assets, we may subpoena banks and other financial institutions for records. We may have an accountant review your tax records in an effort to be certain all income is accounted for. If money is missing, we will do all we can to find out where it has gone and see that it is accounted for in your divorce case.
Common Discovery Tools for Uncovering Hidden Assets in a DuPage County Divorce
When one spouse suspects the other is hiding assets, various discovery tools can help uncover what has not been accounted for. Courts allow both spouses to request detailed financial information, and refusing to cooperate can result in penalties or unfavorable rulings.
- Interrogatories: Written questions requiring sworn, detailed answers about income, property, and financial accounts
- Requests for production: Formal requests for documents such as bank statements, tax returns, and business records
- Depositions: Sworn testimony taken outside of court, often used to question a spouse or third party directly
- Subpoenas: Legal requests sent to banks, employers, or business partners to obtain records a spouse has not voluntarily disclosed
These tools are often used together, since a single method rarely yields all of the relevant information. Our attorneys can help determine which combination of discovery tools fits the specific concerns in your case.
What Assets Are Often Overlooked During Divorce?
Some assets are easy to miss during a divorce, especially when spouses focus mainly on obvious property such as a home, vehicles, or bank accounts. Retirement accounts, including pensions and employer-sponsored plans, are frequently undervalued or overlooked entirely, even though they can represent a significant portion of the marital estate.
Stock options, restricted stock units, and deferred compensation can also be missed, particularly when they vest or pay out after the divorce is finalized. Business interests, intellectual property, frequent flyer miles, cryptocurrency holdings, and even tax refunds owed from a joint return can all be considered marital property. Reviewing every category of asset carefully, rather than relying on memory or informal estimates, can help ensure that nothing of value is left out of the final settlement.
Contact Our Wheaton Divorce Attorneys for Hidden Assets
Our attorneys will help you take the proper steps to address any illegal actions by your spouse and ensure that your marital property can be divided fairly. Contact our Wheaton, Illinois hidden asset lawyers at 630-344-6525 to schedule a free consultation today.