Divorce can be a complicated process, especially when finding hidden assets. In Oklahoma, the principle of equitable division guides the division of marital property, ensuring fair but not always equal distribution of assets. If you think your spouse is hiding assets, including offshore accounts, here are some steps you can take to ensure you get your fair share of the marital property.
How to find hidden assets
- Check financial records: Check bank statements, tax returns and credit card bills. Look for odd transactions or differences that might show hidden assets.
- Hire a forensic accountant: These financial professionals find hidden assets. They can track financial transactions and spot discrepancies that may show hidden accounts.
- Use discovery tools: During the discovery part of your divorce, you can ask for documents and information from your spouse. This includes subpoenas for bank records and depositions where your spouse must answer questions under oath.
- Look into offshore accounts: Offshore accounts can be challenging. A forensic accountant can help track global transactions and find foreign accounts.
- Watch lifestyle changes: If your spouse’s lifestyle seems richer than their stated income, it could mean hidden assets. Look for costly purchases, travel and other expensive activities.
Following these steps can boost your chances of finding hidden assets and ensuring a fair property division.
Legal support
Handling the complex issues of hidden assets needs professional help. Talking to a legal counsel can guide you in chasing hidden assets effectively. They can help you understand your rights under Oklahoma law and ensure fair disclosure and division of all assets.
