Tad Nelson & Associates: Identifying and Locating Hidden Assets — Houston, Galveston, League City, Texas
During divorce proceedings, marital property, assets and debts are identified and divided according to Texas law. Community property undergoes an equitable distribution. For many people, the divorce process is a time of mistrust. One spouse may accuse the other spouse of hiding assets. The Law Offices of Tad Nelson & Associates in Houston works with financial specialists, accountants and other experts to identify and locate hidden assets.
Would you like to speak with a lawyer regarding your concerns about your spouse's finances and hidden assets? Call our law office at 281-667-4579. You may also submit a family law intake form and someone from our firm will contact you promptly.
How are marital assets hidden?
Our attorney, Tad Nelson, engages experts such as financial specialists, accountants and tax experts to sort out complex divorce and separation issues. With help from these experts, we are able to identify and locate any hidden marital assets. Common methods for hiding assets can include:
- Spouse denies the assets exist
- Spouse transfers money to a third party
- Spouse claims to have lost the asset or investment
- Spouse creates false debt
How can hidden assets be located?
At Tad Nelson & Associates, we protect our clients' best interests and work for equitable outcomes regarding even the most complicated matters. We work resolve all of your property division issues. When marital assets have been hidden or not yet taken into consideration, we focus on locating and identifying those assets. The following items are reviewed in the process:
- Personal income tax returns
- Corporate income tax returns
- Financial statements
- Savings account books
- Security or commodity account statements
- Children's bank accounts
In addition to impacting property division, hidden assets can play a role in child support determinations. Child support is calculated using the non-custodial parent's net income. When the parent's real net income is known, it is possible to insure an accurate calculation for the support amount.
We provide our legal services in a friendly and supportive environment. We want you to feel comfortable talking to us about your personal matters.
Quality Legal Help, Quality Service
Galveston County and the Houston Metro Area — Call 281-667-4579
Questions or concerns about your spouse's hidden assets? Call our law offices at 281-667-4579 or email us and someone will contact you promptly.
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