Going through a divorce comes with many complex financial questions to sort out. One issue that frequently arises is the suspicion that a spouse may be hiding assets in secret accounts. This leads to the question – can my divorce lawyer help find undisclosed bank accounts?
The short answer is yes, an experienced divorce attorney has investigative tools to dig into potential hidden assets. Here are some techniques they commonly use:
- Subpoena financial records – A lawyer can issue subpoenas requiring banks, investment firms, employers and others to turn over documentation of accounts owned by a spouse.
- Hire forensic accountants – Divorce lawyers may bring on accounting experts to analyze tax returns and financial statements for irregularities that suggest undisclosed income sources.
- Review credit reports – Credit reports can unveil accounts and loans under a spouse’s name that have not otherwise been disclosed.
- Question family/friends – In depositions, attorneys may probe a spouse’s family or friends about assets they know of.
- Search property records – Property deeds, titles, and liens can uncover assets like rental properties, businesses or investments linked to a spouse.
- Obtain phone/email records – Records of calls, texts, and emails can reveal conversations about hidden assets.
While not foolproof, an experienced attorney has tools to root out undisclosed accounts and bring them into the divorce proceedings.
The best approach is complete transparency and honesty about all marital property and debts from the outset. Attempting to conceal assets will only lead to greater legal expenses and potential litigation down the road. Be upfront with your lawyer and the court for the smoothest resolution.