Nancy L. Sponseller

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Dealing With Complex Assets During The Divorce Process

On behalf of Law Office of Nancy L. Sponseller posted on Wednesday, December 3, 2014.

Dividing marital property can become contentious in even the simplest of Ohio divorce cases, but if a spouse has complex assets such as self-employment income, stock options, or deferred compensation, there may be a need for thorough investigation of values. In some cases, this may be necessary due to the suspicion that a spouse is hiding assets. In other cases, the need may be solely due to the complicated structuring of certain assets. If you are involved in such a divorce, reliable legal counsel and accounting support may be important for an equitable distribution of property.

In cases involving distrust of a spouse, a forensic accountant may be needed to pinpoint undisclosed assets. In some cases, these may be holdings or income that have not been reported for tax purposes. In other cases, there may be investment accounts that have not been disclosed. A forensic accountant may be important for identifying and valuing such assets.