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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"Extremely helpful I highly recommend him"
Mr. Casella was and is kind, patient and quite competent. Extremely helpful I highly recommend him.
- Robert D. -
"Fantastic, responsive and extremely ethical"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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"Casella and Casella LLP is a truly great firm!"Casella and Casella, LLP was wonderful in helping me with my divorce. The attorneys were responsive to my questions, kept me informed on the status of my case and were very professional. I would recommend this firm to any one who needs legal help.- Denise
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"I would most certainly recommend him!"I called this morning with a question and Keith himself was able to answer it. It’s unfortunate that I live in jersey and can’t use his services but considering how efficient he was and the fact he gave me his time of day with no problem… I would most certainly recommend him! Thank you for your time sir!- Krystle R.
