Weinman & Associates
Family Law Answers Now: 512-472-4040
  • Home
  • About
    • Daryl G. Weinman
    • Barb Rowan
    • Rachel Messer
    • Miguel Castillo
    • Jason M. Bailey
    • Tracy Todd
    • Melissa Kocian
  • Practice Areas
    • Family Law
    • Divorce
    • Property Division
    • Child Custody
    • Child Support
    • Criminal Defense
  • Podcast
  • News & Media
    • Articles
  • Testimonials
  • Blog
  • Contact
Weinman & Associates
512-472-4040
  • Home
  • About
    • Daryl G. Weinman
    • Barb Rowan
    • Rachel Messer
    • Miguel Castillo
    • Jason M. Bailey
    • Tracy Todd
    • Melissa Kocian
  • Practice Areas
    • Family Law
    • Divorce
    • Property Division
    • Child Custody
    • Child Support
    • Criminal Defense
  • Podcast
  • News & Media
    • Articles
  • Testimonials
  • Blog
  • Contact

Practicing Family Law With Heart For More Than 30 Years

  1. Home
  2.  » 
  3. Divorce
  4.  » 
  5. Where to look for hidden assets during divorce

Where to look for hidden assets during divorce

On Behalf of Weinman & Associates, P.C. | Apr 7, 2021 | Divorce

As a marriage comes to an end, Texas couples will be faced with the division of their property. Though the goal of this process is to have a fair distribution, that might not be the priority for some spouses. Identifying assets is the first step in ensuring that a settlement is balanced.

Preparing for the financial implications of divorce

Even before the divorce process starts, it is a good idea to start identifying all assets and debts and collecting the paperwork to support this. In cases where one person might suspect that their spouse will attempt to hide assets, it is best to begin identifying all assets before bringing up the topic of divorce. There are several ways people attempt to hide assets, including:

  • Incurring new debt
  • Transferring ownership of the property to another person
  • Claiming that the asset does not exist
  • Reporting that they lost the property

Where to look for hidden assets

While it might be challenging to prove that hidden assets exist, there are some places to begin the investigation that will usually yield a paper trail. To look for evidence that assets exist, you can start by reviewing all the documents you have access to. These might be located in a safe deposit box at the bank or at home or in a file cabinet. If you own a home, you might look at the paperwork that was used to apply for the mortgage, which might include a list of all assets and debts. In addition, you can review past tax returns, focusing on the different schedules where assets, profits and debts are listed.

Being diligent in your investigation will help you prepare for the division of property during divorce. It might also help prevent your spouse from hiding any assets as the process begins. If you suspect that your spouse has indeed hidden assets, an attorney might be able to help you recover them.

Recent Posts

  • What constitutes interfering with child custody in Texas?
  • Divorcing a spouse who lives in Mexico
  • Top 7 Things To Know Before Getting A Prenup in Texas
  • What are the fiscal implications of a legal separation in Texas?
  • Are marriages in other countries valid in the United States?

Archives

Categories

RSS Feed

Subscribe To This Blog's Feed

Talk To Us About Your Family Law Case

To schedule a consultation, call 512-472-4040 or send an email by submitting this form.



11734A Schriber Road
Mustang Ridge, TX 78610

Austin, Texas Office



Phone: 512-472-4040

Pay via Law Pay
  • Follow
  • Follow
  • Follow
Review the Firm

© 2025 Weinman & Associates, P.C. • All Rights Reserved

Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw