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Claery & Hammond, LLP Claery & Hammond, LLP
Los Angeles 310-817-6904
San Diego 760-870-4900

Finding Assets in a Divorce Case

A Legal Team You Can Trust

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!


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