When it comes to dividing marital assets during a divorce, it is important to know that you are getting a fair deal. It can therefore be particularly frustrating when you suspect that your ex-partner may be hiding assets in order to prevent you from receiving your share.
The good news is that family courts have wide-ranging powers and will demand the presentation of financial documentation if suspicions arise. Our divorce solicitors have extensive experience tracking assets both in casers of both domestic and overseas divorce and we can therefore help you to claim your fair share in court.
If you can provide proof that your ex-partner is concealing or withdrawing assets, then the court could reward you with a greater share of the financial settlement. But you will need to find conclusive evidence.
The court’s ultimate goal is to ensure fairness and they will attempt to do this is by different means. For example, should your ex-partner attempt to transfer assets e.g. from a business to a family member, then the court reserves the right to seize these assets and return them to the pool of marital assets. Equally, if the court suspects that someone may attempt to hide assets, the court has the power to freeze assets in order to prevent any transactions.
Therefore, safeguards exist to ensure that you receive your fair share of marital assets, and if you need assistance proving that your ex-partner is being secretive – our family law solicitors can help.
For further advice, call one of our specialist divorce lawyers now