During a high net worth divorce, knowing what assets are included in the marital property is key to reaching an equitable division of property. You cannot protect your own interests or those of your children without an accurate view of what property is at stake.
If you have not been responsible for handling the finances in your marriage, however, finding this information can be difficult. If your spouse is unwilling to share it openly, you may feel as if getting the “whole picture” will be an impossible task. Fortunately, an experienced Long Island high net worth divorce lawyer can help.
Your attorney will likely work with a number of other professionals during the information-gathering or “discovery” process. Business valuation professionals, forensic accountants, and real estate appraisers may be asked for their professional input. Your attorney may also use other tools to gather information, including:
- Interrogatories: These questions require your spouse to provide answers while under oath.
- Document Request: This filing seeks specific documents from your spouse. Depending on the needs of your case, we may ask for investment reports, real estate paperwork, bank statements, business bookkeeping paperwork, or other detailed financial information.
- Electronically Stored Information Request: This request is similar to a document request, except that it seeks information stored in digital format, instead of on paper. These requests can also be used to gather information from smartphones, computers, and other devices.
- Subpoenas: These requests go directly to financial entities like banks, credit unions, and financial planners to ask for thorough and detailed information.
For compassionate guidance and aggressive representation in your high net worth divorce, call the Law Offices of Paul A. Boronow, PC for a consultation. You deserve to have the best Long Island divorce attorneys on your side.