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Hidden Assets in Scottsdale Divorce

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Experienced Divorce Attorney Handles Hidden Asset Cases in Scottsdale and Phoenix, Arizona

Arizona is a community property state. This means that divorcing couples are required to divide all of their marital property equally, without resorting to hidden assets. Marital property is defined as assets of any type that were acquired by the couple – either singly or jointly – during the marriage. These assets can include bank accounts, partnerships, businesses, real estate, retirement accounts, stockbroker accounts, personal property such as cars or boats, furniture, and almost anything else that the couple acquired during a marriage.

Of course, dividing property requires that its existence be known. Unfortunately, divorcing spouses in community property states such as Arizona sometimes try to hide property that should be part of the community property division. If successful, they could keep the assets for themselves. If you believe that your spouse is doing this, it is important for you to speak with an attorney who understands how to uncover hidden assets in Scottsdale. At the Law Office of Karen A. Schoenau, our divorce attorney knows how to make certain that a spouse is disclosing all marital assets as required by law.

How Do I Know My Spouse Is Hiding Assets During a Scottsdale Divorce?

The law requires that all assets be disclosed during divorce litigation in Arizona. How do you know if your spouse is not complying? Here are some clues:

  • Your joint assets, such as a bank account or brokerage account, are lower than you thought they were. This could mean that your spouse has withdrawn money or sold stocks.
  • Your spouse says that his or her income is less than you thought. For example, your husband or wife could have asked an employer to withhold more, diverting it to a separate savings or checking account.
  • Mail deliveries include statements from banks or financial institutions that are unfamiliar to you.
  • Your credit cards suddenly have a positive balance – funds that could be used by your spouse.
  • Your spouse opens a custodial account to benefit your children, thus lowering the overall value of your assets.
  • You see charges from the post office for a new box, indicating that your spouse is having bills and other mail sent there rather than to your shared address.

If you observe signs like these, it is important that you get to the bottom of it immediately and protect yourself. At the Law Office of Karen A. Schoenau in Scottsdale, AZ, we review financial records and work with forensic accountants and other financial professionals to ensure that your marital estate remains intact and that you receive your full share in a divorce.

Contact an Experienced Attorney If You Suspect Hidden Assets During Scottsdale Divorce Litigation

If you believe that your spouse is trying to sequester marital assets during divorce litigation, or if you have been accused by your spouse of trying to reduce the amount of your marital property prior to a divorce, you need qualified legal counsel today. Contact Scottsdale hidden assets in divorce attorney Karen A. Schoenau now by calling 480-725-1438 or filling out the online contact form. The law firm office is conveniently located at 14301 N. 87th Street #211, Scottsdale, AZ 85260.

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