How Do I Know If My Spouse is Hiding Assets (Video)
Attorney and CPA Brent Kaspar gives advice on handling a contentious divorce and determining whether your other spouse is truthful about their asset disclosures. Hidden assets can be discovered through forensic accounting analysis, so you have to ensure that your attorney has the required financial expertise.
Unfortunately during a divorce, people lose a lot of trust in their other spouse.
At Kaspar & Lugay, we advise our clients to try to collect as much financial data and records as they can before coming in for the consultation. This helps us get a better understanding of where assets may be and if the other side is being truthful with their disclosures. This is why my experience as a certified public accountant is invaluable for our clients.
Because I can use the forensic accountants analysis and I can review it and I can see exactly what they’re doing. A lot of other firms don’t have the financial expertise that we do. Sometimes they’re unable to determine if there are missing pieces in the financial picture. The divorce process is challenging enough from an emotional standpoint, so you shouldn’t have any anxiety about your, about your firm that’s representing you in their capabilities to be able to find information.
If you anticipate a contentious divorce, feel free to give us a call and set up a consultation and we’ll walk you through some of the strategies we employ.