303 W. Main Street, West Dundee, IL 60118
 | 847-428-7725
Call for a Free Consultation
100 Illinois Street, Suite 200, St. Charles, IL 60174
 | 630-200-4882
By Appointment Only
West Dundee, IL847-428-7725
St. Charles, IL630-200-4882
Facebook Twitter LinkedIn
Search
Subscribe to this list via RSS Blog posts tagged in hidden assets

St. Charles hidden assets attorneysUnder Illinois divorce laws, marital property is subject to equitable distribution, meaning each party receives a fair share of any assets that were acquired during the marriage. However, sometimes a spouse can be dishonest, depriving the other spouse to what he or she is entitled. This can be done a number of ways, and although common in high net worth or complex divorces, it can happen in any type of divorce. Forensic accounting is defined as the use of accounting practices to investigate fraud and to analyze financial information for use in legal proceedings, such as disputes or litigation during a divorce.  

How Are Assets Hidden?

People can be creative when they want to conceal money or valuable possessions. In a lot of cases, one spouse earns the majority of the income or owns a business, so that spouse often has easier access to financial matters.

Some of the ways assets can be hidden include:

...
Martindale Hubbell Rating Super lawyers Attorney Registration and Disciplinary Comission Lawyers Association Program Illinois State Bar Association Kane County Bar Association DuPage Bar Association
Back to Top