Aerial drone shot of a residential neighborhood and community pond in Texas.

Concealment Of Marital Assets Lawyer

Family Law & Estate Planning Attorney

When facing a family law, estate law or other legal matter, it is important to work with an experienced attorney who can help you understand your options and protect your interests. At The Powell Law Firm, we have more than 20 years of experience protecting people in Pearland, Houston and the surrounding area in Texas.

Get In Touch With Us Today

Uncovering Hidden Assets In Divorce

Division of assets is one of the most contentious aspects of a divorce. When one of the divorcing spouses hides or intentionally wastes assets, the contentious nature of a divorce is only increased. If you are in a divorce and suspect that your spouse is purposely keeping assets hidden or wasting assets to prevent you from obtaining your share, make sure you secure quality representation to ensure your financial interests are protected.

At The Powell Law Firm, we handle all types of property division and dissolution of marriage matters in the Houston and Pearland, Texas, areas. Our attorneys have more than 20 years of legal experience, a tremendous advantage to our clients. With diversified experience, we are able to uncover assets hidden by spouses, and work within the law to prevent intentional waste of marital assets to protect our clients’ interests and their futures.

The Art Of Asset Discovery

The purpose of hiding assets is to prevent them from being split equally in a pending divorce. Spouses who engage in hiding assets can be surprisingly creative in their efforts, using a range of contexts and means to hide assets, including:

  • Suspect business deals: Business owners can find a number of ways to hide assets. Routing income into hidden accounts, altering the books and paying out “salary” to employees who don’t exist are just a few examples.
  • Undervaluing property: Some spouses will intentionally obtain estimates that undervalue assets in order to minimize the loss in a divorce.
  • Delays in business dealings: In some cases, a spouse will intentionally wait to sign a lucrative contract or accept a promotion so that the added income cannot be deemed marital property.

Spouses Intentionally Wasting Assets

In addition to hiding assets to retain them for themselves through a divorce, many spouses take a more aggressive approach, making sure that if they can’t keep assets for themselves, they waste the assets to make sure no one gets them.

Although dissipation of assets is more difficult to discover and prove in court than hidden assets, there are some obvious signs of assets being wasted, including lavish vacations, unexplained withdrawals, gifts to friends and family, excessive gambling losses and related expenditures.

It takes experience, knowledge and creative thinking to uncover hidden assets. Our lawyers will explore every avenue and possibility to make sure we uncover hidden and wasted assets and protect your financial interests.

Contact The Powell Law Firm

Call 832-850-6095 or email us to discuss hidden and wasted assets with an experienced attorney.

Get In Touch With Us Today
Request a Consultation

To schedule a meeting with an attorney, please call 832-850-6095 or complete this contact form. We’ll be in touch with you as soon as possible.

Fields marked with an asterisk (*) are required.

Disclaimer

What Our Clients
Have To Say

  • “I wanted to take the time to thank you [John Powell III] for helping me through a tough time in my life. Your guidance and voice of reason really helped me more than you will ever know. I had a previous attorney that I felt could have really cared less about me or the situation. Once on board with you, I felt an immediate difference and I was thankful for your quick response. I could not have finished this process without you and I am glad you were able to have so much hands on time with me. Again, thank you for everything you did for me and my son!”

    (S.R.)

  • “John Powell III was very helpful through the entire process of my divorce which involved a custody fight over my 3-year-old daughter. Mr. Powell has a strong working rapport with the Brazoria County family court. He was very patient, walking me through every step, knowing what to expect from my wife's attorney. We were ultimately successful and I would highly recommend him. As for my daughter, she is doing great. She has advanced to the preschool 2 class early, she is now 3.5 and now goes to school with the 4-5 year old's. Her emotional and behavioral issues have disappeared. Thanks to Mr. Powell's hard work my daughter will have a great chance at life.”

    (K.K.)

  • “Just wanted to say thanks for handling my post-divorce property division issue in a timely and professional manner. Especially your attention to detail and some quick-witted humor as well. Your firm was referred to us by a friend which can always be somewhat awkward but you made us feel at ease through the entire process. I would not hesitate to recommend your firm to anyone if the need arises.”

    (J.B.)

  • “Dear Mr. Powell: I want to thank you for your great service and express my gratitude. I am extremely pleased how everything was handled and I have the highest possible opinion about your professionalism, the quality of your service and your attitude toward me as a client. Thank you again, best regards.”

    (M.K.S.)

  • “I had what I learned was not your stereotypical divorce case. John Powell III was extremely understanding of the situation and worked with myself and my former spouse to navigate the legal pitfalls in our, and our children's case. Everything was resolved amicably and with minimal impact to our family. Without Mr. Powell's assistance I do not know that we would have gotten to such a positive place.”

    (A.W.)

  • “John Powell III is a compassionate and thorough attorney. My case was a complex custody issue that required work in two wide-spread counties. Mr. Powell was able to efficiently overcome this added challenge. He is patient and clear in explaining concepts of the law. Even after the case was closed, Mr. Powell was available to explain the final judgment and to help ensure we were following the Judge's intent. It is very comforting to know that if additional issues arise he is there to act as my advocate.”

    (R.T.)

READ MORE TESTIMONIALS