It depends on the situation and it depends I guess on the level of high-net-worth. It also depends on how liquid the assets are or whether the net worth is tied up into real estate as that’s a little bit more difficult to hide. If the money or the net worth is tied up in more stocks, bonds or other type of investment accounts, those might be a little bit easier to hide because you can transfer them. They’re not as present. It depends on the situation. It’s not necessarily a general rule that things are hidden, so you would just have to look at it from a specific standpoint of each case.
Sean Sullivan is a family lawyer practicing in the Elmhurst, Illinois area at the law offices of Laura M Urbik Kern, specializing in child custody and dissolution in divorce.