If you are in the process of a divorce, you will spend a lot of time on
the division of property and assets. Both spouses are required to fully
disclose all assets that they have but there are times that a spouse may
attempt to a hide assets from the court. This can potentially skew the
property division to work to the deceptive spouse's favor. It is important
that you make sure your spouse isn't hiding anything from you.
In order to make sure, you should carefully examine any voluntary declarations.
Both spouses should voluntarily disclose their respective assets; this
can help to minimize conflict in the future. If you and your ex can exchange
voluntary asset disclosures, you can carefully these documents to determine
if there is anything that needs to be changed or any omissions to highlight.
Also, you should demand copies of all your spouse's financial records
before starting the property division. This is very important, as it helps
individuals to determine that nothing was hidden. If you don't suspect
your ex is hiding something, your attorney should request financial records
anyway just ot be sure.
Also, you or your attorney can serve your ex with written questions called
interrogatories which must be answered truthfully. These can help you
to make sure that your ex isn't hiding anything. If you are still
suspicious of hidden assets, attorneys can demand to inspect property
for certain assets or have various items professionally appraised to determine
their fair market value.
Attorneys also have the option to enact a deposition, which is a sworn
testimony that is taken under oath before a court reporter and both spouses'
attorneys. Anything your spouse says in a deposition can be used in court.
If you want more information, don't hesitate to contact a Los Angeles
divorce lawyer at the firm today!