DeRidder Hidden Assets Lawyer

DeRidder Hidden Assets Attorney

Facing divorce is never easy. There are a multitude of difficult decisions that need to be made and agreed upon. When the involved spouses have difficulty reaching these agreements, nasty disputes and behaviors can arise. If you suspect your spouse is not being upfront about your assets, you must take action. Whether you live near West Park or along Elton Mango Drive, an experienced and compassionate DeRidder hidden assets lawyer is here to protect your rights.

Protect What’s Yours with Godley Law Firm

For over 35 years, Godley Law Firm has stood as a testament to strong legal advocacy and compassion when it comes to one of the most difficult events of an individual’s life. As a child of divorce and a divorcee himself, lead attorney William L. “Billy” Godley is here to stand by your side. Suspecting hidden assets is one of the ultimate feelings of betrayal, and our entire legal team is ready to stand behind you and bring your case all the way to a courtroom if necessary.

Why Is My Spouse Hiding Assets?

The United States sees around 3.8 million family law cases a year, including divorce. Louisiana alone handles an overall yearly divorce rate of 0.9 per 1,000 members of the population.

While this is a relatively low divorce rate when compared to other states in the nation, around 40% of couples admit to some form of financial infidelity. Hidden assets can be a real concern for many spouses facing divorce, and many wonder why their spouse would even do such a thing.

In DeRidder, we have handled hundreds of divorce cases at Godley Law Firm, and have seen several situations where one spouse tries to hide assets from the other when it comes time to divide marital property. There are many reasons why a spouse may choose to do this, including:

• To avoid spousal support obligations by hiding assets to lower reported income
• To minimize potential child support payments

Unfortunately, in certain cases, a spouse may decide to try to hide assets simply out of malice or revenge. No matter why they are trying to hide assets from you, however, an attorney can take the necessary steps to put an end to it and work to protect your rights to your fair share.

The Warning Signs of Hidden Assets in a Divorce

If you believe that your spouse is concealing assets, there are certain warning signs to be aware of. These red flags can include:

• Missing documents or bank statements. During a divorce, when a spouse randomly starts becoming tight-lipped about financial concerns or information, or they refuse to provide you with complete financial disclosure, this is a key sign they are trying to hide something from you.
• Sudden changes in money habits. When there is a sudden increase or decrease in spending or your bank account is suddenly fluctuating at a rate it hasn’t before, this could point to a spouse trying to hide assets or using marital assets to fund a secret lifestyle.
• Unexplained business-related activity. When there is a sudden increase in new business ventures, travel, or there are unexplained or suspicious transfers of funds related to a shared business, this could signal that your spouse is trying to hide assets.
• Random gifting. One of the main ways people try to hide assets during a divorce is by making strange and random gifts to friends and family. Their thinking often is that after the divorce, their friends and family will give these assets back to them, and the spouse will be less affected during property division.

FAQs

Are Hidden Assets Only an Issue in Divorce Cases?

No, hidden assets are not only an issue in divorce cases. They can also arise in any cases related to taxes, business disputes, or succession matters. Additionally, when two individuals share a child but were never married, and those parents are now facing legal issues regarding child support, issues regarding hidden assets can arise.

How Can a Lawyer Help Me When My Spouse Is Lying About Their Assets?

A lawyer can help you when your spouse is lying about their assets in many different ways. At Godley Law Firm, our attorneys are here to conduct a comprehensive financial review and analyze all of your shared tax returns, bank statements, property documents, and business records.

This analysis helps us identify any inconsistencies or discrepancies in finances that cannot be explained. We can also take the necessary action to freeze accounts or issue subpoenas when necessary.

How Can I Prove My Spouse Is Concealing Assets?

To prove that your spouse is concealing assets, you need to have a paper trail. This paper trail should consist of documents showing why and when money was moved. You should also provide your attorney with all bank statements, loan statements, mortgage statements, and any other documents that pertain to your marital assets. At Godley Law Firm, we have the ability to collaborate with forensic accountants to help prove when and how assets are being hidden.

How Much Does It Cost to Hire a Divorce Lawyer?

The cost to hire a divorce lawyer varies. Every lawyer is different, which means they all approach fees differently. Because of this, there is no way to offer a specific estimate of how much it costs to hire a divorce lawyer. However, there are common factors that influence costs, including the duration and complexity of your case and the skill level and education of your attorney.

Hire a DeRidder Hidden Assets Lawyer Today

When you hire a hidden assets lawyer from the team at Godley Law Firm, you’re hiring someone you can trust and who has walked the same path you now tread. We approach each case with compassion and know that no two divorces are the same.

Time is of the essence in divorce cases where hidden assets are at play. These cases can take time, especially if your spouse is intentionally hiding things. Get a new start on life by contacting our offices today to learn more and schedule a consultation.

DeRidder Hidden Assets Lawyer Reviews