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. -
"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
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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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"They take your calls and answer questions without obligation. They're very nice to work with."So I am a recurring client of this firm. I first retained Keith Casella for a personal injury matter a few years back. While other attorneys told me I had a no case, Keith Casella was able to resolve my matter lucratively although I did not have "major injuries". I liked his demeanor and the fact that he was responsive to me despite how silly my questions were. Fast forward to now, I have since retained Mr. Casella for my divorce which was painful but my lawyer got it done for me. This law firm is my go to firm for questions and/or referrals. They take your calls and answer questions without obligation. They're very nice to work with.- Christopher
