Warrenville Hidden Assets in Divorce Attorney
Divorce Lawyer for Finding Hidden Income Serving Wheaton, Winfield, and West Chicago
During a divorce, both parties are obligated to be fully transparent regarding their income, assets, liabilities, and other financial matters. Unfortunately, there are times when one party is not being totally forthcoming. This causes a division of assets that is anything but fair and equitable. If you suspect that your spouse might not be telling the whole truth about his/her financial picture, you need skilled legal counsel with extensive knowledge of income discovery and hidden assets.
At The Law Offices of Nancy Kasko, LLC, we have helped numerous clients through divorces with uncooperative spouses, and we have an in-depth understanding of the income and hidden assets discovery process. Attorney Nancy Kasko handles all of our divorce and family law cases, and she has personal experience in this area. Nancy went through her own contentious divorce, and she has made it her mission to be a strong advocate for others who are going through the same experience.
Nancy delivers individualized representation to her clients. She spends a lot of time with them listening and understanding their needs and concerns, so she can craft the most practical and effective strategy toward a favorable outcome. Nancy is honest and straightforward, and she always gives you the plain facts regarding your case. She is also aggressive and persistent, and she fights hard to ensure her clients’ interests are fully protected.
Income Discovery and Hidden Assets in Illinois
There are several ways a spouse may be attempting to hide income or financial assets. Some of the most common include:
- Deferring income, bonuses and promotions;
- Placing income in a trust account;
- Secretly transferring assets into the name of a family member or friend;
- Keeping investments or funds in separate, secret accounts;
- Hiding cash in a safe deposit box;
- Dissipation (i.e., inappropriately spending or devaluing marital property).
There are times when a spouse is aware of an existing asset that is not listed on a financial disclosure. Other times, there is only a suspicion that an asset is being hidden. In either case, Illinois law allows the use of the discovery process to help uncover anything that is not being disclosed.
During discovery, information is obtained through multiple methods, including:
- Document Requests
- Written Requests for Information (Interrogatories)
Both spouses must cooperate with the discovery process. In addition, some parts of the process (such as interrogatories and depositions) are done under penalty of perjury. Thus, failure to cooperate can lead to serious consequences, including contempt of court and perjury charges, fines, and even jail time.
Speak with a Skilled Aurora Hidden Assets in Divorce Lawyer
Income discovery and hidden assets discovery can be complex and challenging, particularly if your spouse is unwilling to cooperate. Attorney Nancy Kasko understands this process and what steps need to be taken to uncover undisclosed financial assets. For a free consultation with attorney Kasko, contact our Warrenville law office today at 630-836-8540 or our Wheaton office at 630-407-1665. We serve clients in Wheaton, Warrenville, Winfield, West Chicago, and DuPage County, Illinois.