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) 557-9137 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 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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I HIGHLY recommend Mr. Casella. He has been absolutely fantastic, responsive and extremely ethical. I find Mr. Casella to be honest and I trust all the advice he gives me while helping me navigate a difficult and stressful situation. I am so happy to have found him!!- Ashleigh M.
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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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Keith Casella I was pleased when you represented me in my divorce. I know I have the right advocate who has a great understanding of what transpired between me and my spouse. Thank you for your attention to this matter, and I wish you continued success in your profession. I wanted to thank you for your support and help in this matter. I had a wonderful experience with you during this difficult time. Your assistance with my divorce is greatly appreciated. Thanks for your prompt responses and for solving my problems without allowing me to go through any stress whatsoever. I greatly appreciate your help with my case. I would like to thank you for your support, and for guiding me through the legal process. Thanks once again for having a genuine interest in my divorce. You are the best lawyer I have ever hired.- Less