Jeff Landers published an article in Forbes magazine on how to find hidden assets in divorce through lifestyle analysis. Jeff’s main point is that you can analyze the likelihood of hidden assets if you go through the detailed process of documenting how money was spent in the marriage (for you both) and calculating living expenses and analyzing this against reported income in tax returns and bank accounts.
The article talks about a case where the husband was transferring money to an offshore account in the amount of approximately $3 million and a subpoena was not an option. Through lifestyle analysis, the wife was able to prove that the husband failed to disclose all the assets and this gave her the upper hand in litigation and the case was settled giving her over 60% of the marital assets. Always talk to your attorney about your situation to determine if there may be hidden assets in your divorce case.
Read the entire article here: http://www.forbes.com/sites/jefflanders/2012/02/14/why-a-lifestyle-analysis-is-so-critically-important-for-divorcing-women/
