Hidden Assets in a Divorce
Uncover the Truth with a Dedicated Staten Island Divorce Attorney
Do you believe that your spouse has hidden assets in their anticipation of a divorce? When faced with the financial realities of a divorce, some spouses take less-than-honest measures to reduce the amount of money they seemingly have. When this is done successfully, determinations like property division, alimony, and even child support can suffer.
At The Law Office of Keith M. Casella, P.C., I believe that fair divorce terms can only be reached when all the appropriate aspects of the marriage are thoroughly assessed. As a determined and knowledgeable Staten Island divorce attorney, I am well-versed in the many lengths some spouses will go to hide assets and have the diligence and resources needed to bring these assets back to light.
If you believe hidden assets are interrupting your divorce, call (718) 550-4152 today.
Common Strategies for Hiding Assets During Divorce
There are various ways spouses can shield certain assets from consideration during a divorce. There are, however, a number of common strategies used in these circumstances to unfairly lessen the financial burden of the higher-earning spouse.
Common methods of hiding assets include:
- Lending money to family or friends until after the divorce
- Delaying large, owed payments until the divorce is complete
- Transferring assets from a joint account to other individual accounts
- Establishing "custodial accounts" with a child's social security number
- Stockpiling cash in a hidden location or a safe deposit box
- Delaying expected bonuses or promotions at work
- Underreporting income
- Overpaying the IRS
In cases where a spouse works in an all-cash business where little income is reported, my firm analyzes the marriage lifestyle, as well as assets and liabilities it may have. I can implement many discovery tools to accomplish this, as well as use the power of the court to impute income to the recalcitrant spouse.
No matter what your hidden asset concerns might be, my firm is ready to get to the bottom of them and ensure that you receive the property and financial support you deserve.
Reviews From Our Valued Clients
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"I am on the road to recovery and Mr Casella got me a very nice settlement. Along the way he answered all of my questions. He even checked in on me to see how I was doing. He is a great attorney and a very nice person."I retained this firm after I was in a car accident. I suffered a shoulder injury and I was very nervous. Mr. Casella was able to have all my medical bills paid for by the insurance company and got most of my salary reimbursed. After a few months, I am on the road to recovery and Mr Casella got me a very nice settlement. Along the way he answered all of my questions. He even checked in on me to see how I was doing. He is a great attorney and a very nice person.- Former Client
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"Mr Casella was excellent. He kept me informed about my case and was always accessible. He achieved a great resolution of my matter. I would highly recommend Keith Casella."I used Keith Casella for my personal injury lawsuit. I was involved in a terrible auto accident. Mr Casella was excellent. He kept me informed about my case and was always accessible. He achieved a great resolution of my matter. I would highly recommend Keith Casella.- Former Client
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"I really felt like I was treated with dignity and respect."I hired Casella & Casella to help me with a car accident case. The attorneys were very responsive to me and kept me informed of the status of my case. I've hired other attorneys in the past and i have always felt like I was doing the attorney a favor. Here it was the other way around. I really felt like I was treated with dignity and respect.- Edward
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"I am pleased to say that the Casella's really did well by me. They fought for me and got me a fair result."I retained Casella and Casella for a divorce matter where i was the defendant. Divorce is never a good thing and I was expecting to be run through the mill, as they say. I mean both from my x-wife and from the attorneys. I am pleased to say that the Casella's really did well by me. They fought for me and got me a fair result.- Mike
