St. Charles, IL Forensic Accounting and Hidden Assets Attorneys

Kane County Forensic Accounting and Hidden Assets Attorney

Forensic Accounting and Hidden Assets Lawyers Serving Kane County

Property division matters are often hotly contested in a divorce. Unfortunately, not all spouses play fair. It is not uncommon for one spouse to hide assets from the other spouse, thereby preventing them from being divided. This is easiest to do when one spouse has primary responsibility for the marital finances. The other spouse may have no idea how their marital estate is structured or what it is worth. Having a full and accurate picture of the marital estate is essential to a fair settlement or judgment in asset distribution matters.

At the Kane County law firm of Goostree Law Group, we help clients uncover assets that have been withheld from the property division process. Our experienced attorneys understand the challenges that come with divorce and are dedicated to helping your through this difficult time.

Uncovering Hidden Assets in a Divorce in Kane County

Illinois is an equitable division state, which means all marital assets are subject to division in a divorce. In an effort to retain a greater share of the pot, some spouses attempt to conceal assets and income. When a divorce involves a closely-held business that is managed by one spouse, hiding and manipulating assets can be relatively easy to do. When business and personal assets are intermingled, it can make it difficult to determine the true value of a marital estate without expert assistance.

There are many other ways to hide assets prior to and during the divorce process, including:

  • Stashing money in a secret bank account;
  • Establishing and funding retirement accounts unknown to the other spouse;
  • Using marital assets to purchase high value items that could be resold after the divorce like real estate, art or jewelry;
  • Temporarily transferring assets to another person; and
  • Hiding or underreporting income.

Hidden assets do not always stay hidden, however. With the help of an experienced forensic accountant, you can obtain a full measure of your marital estate. Forensic accountants use tools like asset tracing to find concealed assets. Our attorneys work closely with experienced forensic accountants and other financial experts to track down marital assets that have been withheld from our clients.

If you are getting a divorce and you are concerned that your spouse may have hidden assets, contact us at 630-584-4800 to schedule a free consultation. We will discuss the specific circumstances of your divorce and how we can assist you with uncovering all of the marital assets you are entitled to. Our firm represents clients throughout Northern Illinois, including Kane County and the surrounding areas.

Practice Areas

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Goostree Law Group

Goostree Law Group

 555 S. Randall Road, Suite 200
St. Charles, IL 60174

 630-584-4800

 400 S. County Farm Road, Suite 300
Wheaton, IL 60187

 630-407-1777

Our Illinois divorce attorneys represent clients in Kane County, DuPage County, Kendall County and DeKalb County, including Geneva, Batavia, St.Charles, Wayne, Wasco, Elburn, Virgil, Lily Lake, Aurora, North Aurora, Elgin, South Elgin, Bartlett, Crystal Lake, Gilberts, Millcreek, Maple Park, Kaneville, LaFox, Yorkville, Oswego, Plano, Sugar Grove, Big Rock, Bristol, Newark, DeKalb, Sycamore, Naperville, Wheaton, West Chicago, Winfield, Warrenville, Downers Grove, Lombard, Oak Brook, Streamwood, Hoffman Estates, Barrington, South Barrington, Lake Barrington, Schaumburg, Big Grove, Boulder Hill, Bristol, Joliet, Kendall, Lisbon, Minooka, Montgomery, Plainfield, Sandwich, Yorkville and many other cities.

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