Concerned About Hidden
Assets in Divorce?
In divorce, financial transparency is critical. Yet in many divorce cases, one party attempts to obscure the truth by concealing income, undervaluing assets, or transferring property to third parties. Hidden assets can dramatically distort outcomes in property division, support, and long-term financial security.
At Bikel Rosenthal & Schanfield, we know how to identify and address financial deception. Our attorneys work with leading forensic accountants, business valuation experts, and other specialists to uncover concealed assets and ensure fair outcomes.
Whether the issue involves offshore accounts, digital currencies, complex business structures, or undisclosed income streams, our firm can help you take the necessary legal and strategic steps to protect your interests.
How A Divorcing Spouse May Hide Assets
Hidden assets can take many forms, and they aren’t always easy to detect.
A spouse may:
- Underreport income or overstate expenses
- Transfer property to friends, relatives, or business partners
- Misrepresent the value of business assets or real estate holdings
- Hide money in shell companies, trusts, or offshore accounts
- Delay signing new contracts or deferring compensation
- Create fake debt or overpay taxes to claim later refunds
- Conceal cryptocurrency or digital investment accounts
Asset concealment is often subtle and intentionally complex, particularly when one spouse has primary control over finances, business ownership, or investment portfolios.
Forensic Accounting in New York Divorce
Forensic accounting is a highly specialized investigative process that involves examining financial documents for signs of irregularity, fraud, or omission. Forensic accountants do more than crunch numbers. They follow money trails.
In divorce, forensic accountants work to uncover hidden assets in various ways:
- Trace transfers between accounts or entities
- Review business ledgers and payroll for irregularities
- Reconstruct income from lifestyle and spending habits
- Provide expert testimony regarding hidden or mischaracterized assets
- Identify discrepancies between reported and actual earnings
- Analyze tax returns, bank statements, and investment accounts
Our firm partners with seasoned forensic accountants who are adept at uncovering financial manipulation. Their findings inform our legal strategy and strengthen your case in negotiation, litigation, or trial.
Litigation-Ready. Confidential.
Focused on Results.
Some cases are resolved through careful negotiation and disclosure. Others require litigation to compel transparency. Our attorneys are ready for both.
In high-conflict matters, we pursue aggressive discovery, subpoena records, and challenge misleading financial disclosures to ensure a thorough understanding of the facts. In amicable cases, we help ensure that asset division is based on complete and accurate information, building a foundation for equitable resolution.
At Bikel Rosenthal & Schanfield, we bring decades of experience and a reputation for excellence in family law and divorce. We understand the emotional and strategic weight that hidden assets carry in the divorce process and maintain a focused, disciplined approach to financial disputes.