Riverside Hidden Assets Lawyer

Riverside Hidden Assets Attorney

Divorce is stressful enough, but when you add hidden assets to the mix, it can become much more complicated. Before going through a high-net-worth divorce, it is not uncommon for one spouse to hide assets in anticipation of the property division phase. If you are in the middle of a divorce and suspect your spouse is hiding income or property, a skilled Riverside hidden assets lawyer at the Law Offices of Michelanne Hrubic can help. If you’re weighing the steps ahead, gaining clarity on the California divorce process can show where financial disclosures fit in and why timing matters.

The intentional concealment of assets is a serious offense. If your spouse is hiding assets in an attempt to minimize the amount of property they have to split with you, they can face significant penalties. Identifying hidden assets is critical to a fair property settlement, and it can also impact child support and alimony. Seeking out legal representation can protect your rights.

How the Law Offices of Michelanne Hrubic Can Help

Uncovering hidden assets can be tricky. Having an experienced legal team on your side that offers compassionate, client-focused representation can help. When you contact our firm, we can give your case the attention it deserves. Discovering hidden assets requires careful analysis of financial records. We can take a thorough look at all documentation, including bank statements, credit card statements, tax returns, pay stubs, employment records, and investment records. Throughout discovery, avoiding common missteps protects your leverage and credibility, which is why it helps to understand the mistakes to avoid during the divorce process from the very beginning.

In addition to gathering comprehensive financial information, our attorneys can diligently approach the discovery process with tools such as:

• Interrogatories
• Requests for Production
• Requests for Admission
• Depositions

Using these tools, our hidden assets lawyer can identify property in ways that you may not be able to otherwise.

What Are Hidden Assets?

Hidden assets are intentionally concealed, valuable items or sources of income. In California, the divorce rate is approximately 5.88 per 1,000 women aged 15 and older, one of the lowest divorce rates in the country. When two people end their marriage, there are several types of assets to consider. Hiding assets undermines fairness in the divorce process, and it can leave one spouse without everything they are rightfully entitled to.

Underreported income is common. One of the biggest examples of underreported income in the United States is when it comes to taxes and the Internal Revenue Service. When couples are going through a divorce, the same thing can happen. There are also other ways to hide assets during a divorce, and an experienced attorney will know what to look for.

Types of Asset Concealment

Some kinds of asset concealment are easier to discover than others. An attorney can help you investigate all types of assets, including:

• Underreported Income
• Shifted Assets
• Fake Debts
• Offshore Accounts
• Cash Transactions
• Valuation Manipulation

If you are going through a high-net-worth divorce and suspect your spouse is concealing assets, reaching out to a lawyer is critical to ensure you go through an equitable property division and receive your share of the marital property.

Property Division in California

California law recognizes two types of property during a divorce: community property and separate property. As part of a Riverside divorce, a judge at the Riverside Family Law Courthouse, located at 4175 Main St, Riverside, CA, will oversee the equal division of all assets that fall under community property.

The first step in dividing assets is identifying what is community property. Honesty is critical. When you hire a hidden assets lawyer at the Law Offices of Michelanne Hrubic, we can carefully review all asset information.

Why Should I Hire a Hidden Assets Lawyer?

Identifying concealed property requires a thorough investigation, complex legal strategies, and sometimes professional input. Navigating these complicated legal steps can understandably be overwhelming. For this reason, working with a Riverside hidden assets attorney can alleviate stress while also protecting your rights.

Fair property division is essential to your financial future. An experienced lawyer can help you:

• Review your spouse’s financial statements.
• Talk to your spouse’s friends, family, and co-workers.
• Hire a private investigator.
• Search public and business records.

Trying to do this level of investigation on your own can be difficult. A hidden assets law firm can protect your interests.

FAQs

What Is the Penalty for Hiding Assets in a Divorce in Riverside, CA?

Hiding assets in a divorce is considered fraud, and it comes with serious consequences. Someone who conceals assets can face criminal charges, steep fines, and even jail time. Not only does this damage a person’s credibility, but it can also lead to the reopening of the divorce case so the court can redistribute assets and impose penalties.

What Type of Lawyer Is Ideal for Protecting My Inheritance in Riverside, CA?

If you are going through a divorce and you are concerned about your spouse taking your inheritance, you do not need to worry if the inheritance is specifically yours. In the state of California, an individual’s inheritance is considered separate property. An experienced divorce lawyer can help you protect your rights while identifying any concealed community assets.

What Assets Are Untouchable in a Divorce in Riverside, CA?

According to property division laws in California, separate property is usually untouchable during a divorce. In general, this type of property includes premarital property, personal gifts, and inheritances. This does not include mixed, or commingled, marital property. For example, if a gift or inheritance names both partners, it is community property. Separate property must also be properly documented.

How Do I Prove My Spouse Is Hiding Cash in a Divorce?

You can prove your spouse is hiding cash in a divorce with the help of a lawyer. If you believe your spouse is hiding any assets, documentation can be more difficult to discover; however, a hidden assets lawyer can look for assets in a variety of ways.

Although cash transactions do not appear on bank statements, your spouse has likely talked about or spent money around other people. A diligent hidden assets attorney can talk to your spouse’s friends, family, and co-workers.

Find Your Hidden Assets Legal Representative Today

Divorce is rarely easy, and hidden assets cases are some of the most challenging. Along with child custody, property division is one of the biggest causes of marital contention. When one spouse hides income or property from another, it brings an injustice to the legal process, and you deserve a fair settlement. If you believe your spouse is hiding assets, it is important to act quickly. Contact the Law Offices of Michelanne Hrubic to protect your future.