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Discovering hidden assets important in property division

There is no doubt that the end of a marriage is often a difficult time -- sometimes both financially and emotionally. While some couples in Illinois are committed to making the divorce process as seamless and peaceful as possible, there are others who may attempt to hide certain assets during the property division process. As such, many people often turn to the law office of Lois Kulinsky & Associates, Ltd. for guidance.

Many couples acquire a significant amount of assets during their marriage. When a divorce begins, both spouses are instructed to disclose information on all their assets and income. Unfortunately, some people may fail to provide accurate information or may take additional measures to protect assets from lawful division.

With our over 50 years of combined legal experience, we can help our clients discover all of their spouses' assets. In some cases, a spouse may try to hide funds by delaying a bonus or raise until after a divorce is finalized, by giving large "gifts" to friends or family members, or failing to report information on mutual funds, insurance policies with cash value and other assets. As such, we use experts to ensure that all assets have been accurately disclosed during the divorce process.

For many people in Illinois seeking a divorce, the decisions made regarding property division can have a significant impact on the rest of their lives. Over our many years of experience, we have encountered a variety of different ways in which assets can be divided. Because we know of the impact that these decisions have, we are committed to ensuring we have an accurate picture of a spouse's finances

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