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Anyone who faces the prospect of a California divorce that’s going to be litigated has much to lose. However, California high asset divorce cases involve assets worth an enormous amount of money, and as is seemingly always the case, these situations can become extremely complicated. Given that California community property laws depend on accurate financial disclosures, anyone who is facing this situation should seek the help of experienced high asset divorce lawyers as soon as possible. Below is a brief introduction to this issue.
People who are of a high net worth tend to have their assets spread around in several areas. There is obviously a cash reserve available and other assets that cannot be hidden, such as the family home and the vehicles that the spouses drive. However, there are other assets that may not be known to one of the spouses, and examples of these assets can include:
Any or all of these types of situations could involve substantial amounts of capital that would always be relevant to a California divorce case, as the law requires that the assets in a marital estate be accounted for and then split between the spouses as evenly as possible. If a spouse successfully hides these assets, they may never be included in the divorce and the other spouse may not obtain his or her fair share of the estate.
San Diego high asset divorce lawyers who have handled these cases many times in the past have likely been through this process many times. Not only will they have a good idea of where to look for assets and what to ask for during the discovery and disclosure process of a California divorce case, but they will also have professional resources available to help them track down these assets.
Specifically, San Diego high asset divorce lawyers who have experience will have forensic accountants and other highly skilled professionals at their disposal to help uncover assets that may be hidden almost anywhere in the world. These professionals are well worth the investment for their time given the potential recovery that could result from their work.
If you are facing the possibility of a California high asset divorce and you want to be sure that all hidden assets in the marital estate are properly included in the case, you need to seek the help of experienced divorce lawyers in San Diego from Scott Family Law who understands how to fight relentlessly for disclosure and fairness. Contact us today for a free consultation at (858) 974-4900.