Jay A. Frank, a Senior Matrimonial Attorney at Aronberg Goldgehn, answers:
Is someone suspects that their spouse is hiding assets from them, what should they do?
Tracing assets is a difficult proposition. First you want to make sure, or at least have some degree of certainty, that there is something there to find at the end of the day. Otherwise, you’re going to spend money on a fool’s errand and it won’t work out very well. Generally, you need to involve some professionals, such as forensic accountants or other financial people. They can look at the documentation and determine whether or not it’s worthwhile to proceed, and if so, they’ll work on your behalf.
Jay A. Frank is a divorce and matrimonial practitioner in Chicago with over 35 years of experience. He has been selected as one of the top family-law attorneys in Illinois. He can be reached at (312) 828-9600. View his Divorce Magazine profile.