Hidden assets are an issue in many divorces. If you think your spouse is not disclosing all of the assets that he or she accumulated during your marriage, it’s important to contact a team of lawyers who understand where and how to look for hidden assets so they can be equitably divided.
At Townsend, Tomaio & Newmark, L.L.C., our New Jersey equitable distribution lawyers have years of experience in uncovering hidden assets. We offer a free initial consultation to discuss your case and answer your questions. We represent clients in Morristown, Morris County, and throughout New Jersey.
Identifying Hidden Assets in New Jersey Divorces
Many people who own businesses that deal in cash may have assets that are not disclosed on tax records. Examples of these types of businesses include:
- Bars and restaurants
- Vending machines
- Landscaping and lawn service companies
- Closely held or family-owned businesses
Hidden assets and cash are by their very nature difficult to find. For this reason, our lawyers employ forensic accountants and other experts who are experienced in tracking down assets that your spouse does not want you to find.
If your spouse handled the finances during your marriage, you may not be aware of all bank accounts where cash may be kept. Our lawyers can demand that your spouse produce specific documents such as tax returns, property tax records, loan applications, 1099-INT forms for interest income and other records. A spouse can also be imputed income for cash businesses based on evidence such as lifestyle.
Contact our Morris County NJ Hidden Assets Attorneys for Immediate Assistance
There is only so much information we can communicate about division of assets in divorce on a Web page. The only way to receive legal advice is to discuss your case with one of our divorce lawyers. Everyone’s financial situation is unique, and the answer that is right for someone else might not be right for you. To schedule a free initial consultation, call 973-840-8970 or toll free at 973-840-8970.
