Divorce can be one of the biggest, most challenging decisions you will ever make, and you don’t need to make it alone. Did you know there is a program designed to help women learn the essential financial, legal, and emotional aspects of the divorce process? The program is called Second Saturday divorce workshop and was designed to help people take the next step,regardless of where they are in the process of untying the knot.
Clients frequently ask what’s involved in searching offshore for hidden assets. More often than not, the answer is, “it takes time and a lot more money than it’s probably worth, unless you’re looking for millions of dollars.”
While not every divorce case involves millions of dollars in an offshore bank account, even an onshore search follows the same principles: look not just for money in the name of the person but in the name of secret companies that person created.
Unless there is hard evidence that a person has hidden assets offshore, we like to start onshore for a few simple reasons:
What steps should you take to protect yourself financially during a divorce? I recommend reading this blog post by Reid Elkus, a Family Law Attorney in Colorado, which provides great insight as to how and why one should prioritize financial assets when divorce is on a horizon (or when a divorce action has commenced but is not finalized).