Seldom do both spouses have equal knowledge of marital finances and many times the money spouse capitalizes on this advantage by planning a divorce by having time to hide money or dissipate assets to achieve a more favorable settlement. This can be accomplished in many ways, including the use of a closely-held business.
Closely-held businesses frequently pay for family or personal expenses and can employ schemes using a controlled vendor, ghost employee or other ways to disguise the profitability and proper valuation of the business.
Common red flags of marital fraud include:
- Secretive about finances and controlling with money
- Income declines with onset of marital difficulties but expenses do not
- Multiple entity business investments and related party transactions
- Refusal to produce certain documents, falsely dated documents and/or deleted files
- Intentional confusion about money trails
Read more about red flags of marital fraud here.
We are responsive to your needs and provide confidential investigations working closely with attorneys to develop effective and efficient strategies in determining if there are indications of undisclosed assets or income and assist in determining values which can facilitate a more equitable settlement.
Our services are scalable and include:
- Search for hidden assets and/or income streams
- Marital balance sheet creation and analysis
- Asset identification and classification
- Search for inconsistencies between financial information and other documentation
- Income determination and lifestyle analysis
- Determine and quantify personal expenses in closely held business
- Calculate cash flow used in calculating support payments
- Money available for alimony payments and child support
- Trace community assets and liabilities
If you see red flags of marital fraud, we welcome the opportunity to privately discuss your situation and will work with you to bring about financial clarity.
