Going through a divorce can be a difficult and emotional process, especially when it comes to dividing assets. In California, community property laws dictate that all assets acquired during the marriage are considered joint property and must be split equally between both parties in most cases. There are a few exceptions.
However, what happens when one spouse suspects that the other is hiding assets or not disclosing all of their financial information? This is where asset searches can come in handy.
An asset search is a thorough investigation into an individual's financial history and current assets. This can include bank account information, real estate holdings, vehicles, investments, and more. By conducting an asset search, a divorcing spouse can uncover any hidden or undisclosed assets that the other party may be trying to keep from them.
In California, both parties are required to provide a complete and accurate disclosure of their assets and debts. Failing to do so can result in legal consequences. By conducting an asset search, a divorcing spouse can ensure that their ex-partner is being truthful and transparent about their finances.
Asset searches can also be useful when negotiating a divorce settlement. If one spouse has significantly more assets than the other, it can be difficult to reach a fair agreement without knowing the full extent of their financial situation. By conducting an asset search, the less financially secure spouse can have a better understanding of what they are entitled to and negotiate from a position of knowledge and strength.
In California, Doerner Investigations specializes in conducting asset searches. We are trained to use a variety of techniques and tools to uncover hidden assets and provide a comprehensive report of our findings.
Asset searches can be a valuable tool for divorcing spouses in California. By conducting an asset search, individuals can ensure that their ex-partner is being truthful about their financial situation, uncover any hidden assets, and negotiate a fair settlement. If you are going through a divorce in California and suspect that your ex-partner may be hiding assets, consider hiring Doerner Investigations to conduct an asset search on your behalf.