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New Hampshire Divorce Law Firm

What should I do if I believe my spouse is hiding assets?

In divorce cases, the division of marital assets can be extremely complex. The division can be complex because ascertaining the value of a particular asset may require expert testimony. For example, determining the value of a minority shareholder's interest in a closely held corporation or valuing a physician's private medical practice often requires expert testimony. However, division of assets also can be complex if a spouse is not forthcoming with the location or value of assets.

In cases where the marital estate is a high-asset estate, hidden assets can be especially concerning. Often, one spouse has controlled the parties' finances and investments for years if not decades; and, the other spouse may be unaware of the nature and extent of marital assets.

Sometimes, especially in large marital estates, parties simply overlook an asset due to lack of preparation. Other times, the failure to disclose an asset is not subject to the same innocent explanation.

Faced with divorce, some individuals will go to great lengths to keep what they believe is their money or their assets. In some cases, parties have attempted to conceal bank accounts, annuities, insurance assets or other items of value. In other cases, parties have transferred assets to a "friend" in the hope of avoiding detection. Certain assets also are easily transferred and hard to detect, such as cash income.

In a case where you are suspicious that your spouse is hiding assets, it is important that you work with an experienced New Hampshire family law attorney who can advise you on the various methods available to search for hidden assets. At Tenn And Tenn, P.A. our lawyers have been successful in discovering hidden assets, including assets that have been concealed for decades. Likewise, we have successfully represented clients who have been wrongly accused of hiding assets by suspicious spouses. At Tenn And Tenn, P.A., our Divorce Lawyers have a network of trained investigators and financial experts with whom we work to provide targeted guidance to our clients when confronted with the vexing problem of hidden assets.