During the process of divorce, it is not uncommon for a spouse to hide or obscure certain assets and put forth an underestimated net worth so that he or she does not have to pay as much money in spousal support payments, child support payments, and so on.
If you watched the show Two in a Half Men which was hilarious when Charlie Sheen was the lead, you would have seen his lazy and disturbing brother Alan Harper (Jon Cryer) do all sorts of stuff to hide his income but his ex-wife knew how much his chiropractor business took in and she latched onto that. He would also cheat and swindle anyone and everyone. On top of this, he never even paid for rent! He did not even buy his own food!
Now Alan Harper was about as sad as someone could be. He was getting hammered by his ex-wife who forced him to pay thousands every month for alimony and spousal support. Harper had a terrible divorce legal representative. Harper should have used USAttorneys.com. Do not do what Harper did or does. If you think your marriage is going south you need to use that website to find the legal help you will or may need.
Moreover, thanks to legislation across the country, the other spouse does have certain tools and resources that he or she can use in order to uncover any hidden assets and ensure that the terms of the divorce are fair and balanced by doing so. According to Fort Myers, FL divorce lawyers, and there is no one better in the divorce realm than the Law Office of Michael M. Raheb, P.A. since they know how to poke holes in the opposition’s case like no other, the tool that we refer to is a legal procedure known as the process of “discovery”.
Usually, prior to the judge determining how the assets should be shared among the divorcing partners, the judge will want to see a complete picture of all of the assets owned by both spouses. These assets will generally be classified into one of three categories namely martial property, separate property, and comingled property.
Martial property is property which was acquired during the lifetime of the marriage. On the other hand, separate property is, as the name suggests, the property which the spouses acquired individually prior to marriage while comingled property is a hybrid of martial property and separate property.
It is noteworthy that even though a spouse will not have the rights to the other spouse’s assets which fall under the separate property category, it is still imperative to ensure all of it is listed because the judge or jury will still take this into account when determining how to divide assets among the two spouses, point out Florida divorce attorneys.
How to find assets when you are the out spouse
The out spouse is a term used commonly by legal professionals for the spouse who was generally not involved in finances or book keeping during the marriage and may therefore be oblivious to the assets owned by the other spouse.
In some cases, the out spouse will be successful in simply asking for a list of the assets and all relevant details and the other spouse will be compliant in providing the same with full disclosure. Sadly, this is seldom the case, say divorce lawyers based in Fort Myers, FL.
Talk to a divorce lawyer today
If your spouse takes suspiciously long to hand over the information requested during discovery or if he or she claims to have lost some of the paperwork or details relating to certain assets, then it is usually a telltale sign that he or she is trying to hide something. If you suspect such foul play, we strongly suggest that you consult a Florida divorce lawyer as soon as possible.
A legal counselor such as the Law Office of Michael M. Raheb, P.A. will know exactly what measures and techniques to adopt in order to uncover all details having to do with assets and will be able to ensure you receive your fair share in the divorce.