Tag Archives: hidden assets
Misconduct Regarding Marital Assets
During a divorce, temptation can be high for either or both spouses to misconduct themselves, though they may not be aware it is misconduct. People have affairs and buy gifts for their lovers, or they try to hide assets they believe to be theirs (or believe they are entitled to). If you have reason to suspect that your spouse might be engaging in this type of behavior,Continue reading
Forensic Accountants and the Divorce Process
In today’s media-driven society, the word “forensic” probably brings to mind episodes of CSI: Crime Scene Investigation or mini-documentaries like The FBI Files. Of course, forensic investigations certainly include the white-coated technicians equipped with blacklights, microscopes, and DNA-analyzing technology, but forensic science encompasses much more than crime scenes and lab work. Forensic scientists are trained to gather, analyze, and categorize pieces of evidence or information related to theContinue reading
Finding Hidden Assets in a Divorce
Property and asset division are two of the biggest issues that come with any divorce. Each partner contributed to the couple’s shared pool of assets, and when the couple decides to end their marriage, part of the process is to make sure these assets are divided fairly among the spouses. In Illinois, the Illinois Marriage and Dissolution of Marriage Act does not require that marital assets be dividedContinue reading