Hidden Assets

Minneapolis Divorce Lawyer Locating Hidden Assets

Many times, concerns about hidden assets in a divorce start with a small suspicion. Things just don't add up. Assets that seemed to be there before the marriage started experiencing difficulties have now disappeared. Statements your ex-spouse makes don't match with what you heard earlier. When this is the case, contact an attorney who can help you locate hidden assets.

At the Minneapolis, Minnesota, law office of Kathleen M. Newman + Associates, P.A., we have the legal capacity and business knowledge to guide our clients through in-depth discovery of hidden assets. We never hesitate to take action to protect your assets and interests. Our attorneys work with well-respected experts like forensic accountants and business and tax valuation experts, and we use our in-depth knowledge of the law to advocate forcefully for you.

The Duty of Full Disclosure: Hidden Assets Can Mean Big Trouble

In Minnesota, the law assumes that spouses are financial partners during a marriage and, because they are partners, they are entitled to share both the assets and income created by the partnership. Because of this concept, divorcing couples have a duty of full disclosure of their finances. They must disclose all of their income, assets, and debts accumulated during the marriage, including:

• Home/real estate ownership
• Bank and savings accounts
• Pension and retirement/401k accounts
• Business ownership and operation

Failure to fully disclose all assets or income in divorce proceedings can carry serious consequences that can adversely affect you for years to come.

Attorneys Who Fight Dissipation of Marital Assets

Dissipation occurs when a spouse has inappropriately used marital assets or income. Sadly, dishonest spouses can be extremely creative in finding ways to dissipate marital assets. It takes an intelligent and aggressive lawyer like Kathleen M. Newman to take action to fight dissipation and protect your interests to the full extent of the law.

"Kathleen didn't make false promises, but she said absolutely that I had a case and she came through with that. I was able to recover a lot more of my inheritance than I think anyone else would have been able to do." -Amy T.

Contact Us

When your ex-spouse is hiding assets, take action by calling Kathleen M. Newman. Contact us at 612-424-9477 or toll-free at 888-862-4174 to talk with an experienced lawyer about asset protection.