If you’re planning to get a divorce, you may want to consult a divorce lawyer Syracuse, UT residents trust. A divorce is a complicated matter and you don’t want to go through it alone. An experienced lawyer can guide you through the process and prevent you from making costly mistakes.
A divorce is never a walk in the park, but people may do certain things to complicate the process even more. Here are a few common mistakes you should avoid during your divorce.
A Syracuse, UT divorce lawyer knows that property division is a major concern in divorce — especially in a divorce without custody issues. In order for the court to perform a fair and equitable property division, it needs to have a clear picture of all of the assets in the marital estate. To help with this, the courts require spouses to disclose marital assets. This is done under penalties of perjury.
While most spouses do this honestly, there are spouses who will look for ways to hide assets in order to prohibit a fair distribution of the marital estate. The most common methods of hiding assets are by making their income appear smaller than it is or making their expenses look larger. The following are some of the more common ways this hiding of assets takes place.
A spouse can conceal income in a variety of different manners. One of the most common is by coordinating with their own employer. If a spouse knows that he or she is due for a raise or a large commission, then they can talk to their boss to have the company put off the receipt of these assets until after the divorce is finalized. This lets them keep the extra money out of the eyes of the court and out of the hands of their soon-to-be ex.
Spouses can also hide money by doing taxes in certain ways. If a spouse wants to keep money out of the divorce, then they can overpay their taxes. When the time comes for a refund, the spouse can choose to forgo a tax refund, and instead, use the money as a credit against future taxes. This way, rather than dividing up the refund in the divorce, the spouse can keep it all for themselves and make it back by saving money the next year on their taxes.
The easiest way to combat this tactic is to make sure to properly scrutinize all tax returns to see if there is money missing. Your Syracuse divorce lawyer will often use financial experts, such as forensic accountants, to look over the spouse’s financial records to see if they find these types of discrepancies.
Another other common way to hide income is to make it look like there is more money going out of the marriage than there actually is, and then pocket the difference. The most straightforward of these strategies is to drain small amounts of money from joint accounts and then hide it in an account the other spouse is not aware of. However, bank accounts can often be tracked down, so simple diligence can usually defeat this strategy.
More sophisticated spouses pull money out of accounts and “loan” it to friends for safekeeping. This trick is a bit harder to spot but watch out for large withdrawals from bank accounts that go unaccounted for can often be the simplest way of spotting this form of concealment. A Syracuse divorce lawyer will conduct financial investigations whenever these types of red flags appear.
Schedule a consultation with a Syracuse divorce lawyer from Felt Family Law & Mediation to discuss your case in detail.
If you are reading this, then chances are your divorce has been referred to mediation or you are at least considering it, and may need help from a Syracuse, UT divorce lawyer from Felt Family Law & Mediation. Perhaps you and your spouse both want to avoid the grueling and lengthy litigation that can happen during divorce. By committing to the process of mediation, you are making the most of your energy, time, and money. Here are some mediation tips to consider as you go through your divorce process.
For further help during your divorce mediation or other divorce-related steps, don’t hesitate to contact a Syracuse divorce lawyer from our law firm today.
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SSTK CoffeeTrustindex verifies that the original source of the review is Google.
We greatly appreciate all of Jonathan Felt's support. His exceptional experience and expertise in the Law has made this process go smoothly even though we know how extremely difficult it is to work with the opponent. We would highly recommend Jonathan for any legal support you need!!Posted on Google![]()
Tammy SibertTrustindex verifies that the original source of the review is Google.
Right from the beginning scheduling was a smooth & easy process speaking with Cari & Jonathan was very prompt, attentive, & super knowledgeable regarding the process of guiding us through the divorce mediation process. We also had to have our final documents filing postponed due to some unresolved issues listed in the paperwork due to one of us not upholding one of the stipulations listed during mediation & Cari was able to make that a smooth process, paperwork was & is being held for 1 month following our mediation agreement until this part of the agreement is addressed & taken care of between the two of us. Jonathan and Cari were a pleasure to have worked with during this already difficult process! I personally would highly recommend using their services to anyone going through the mediation process!Posted on Google![]()
Michael AndersonTrustindex verifies that the original source of the review is Google.
I can't express how helpful and caring Challin and Jon were during my time with them. They understood my frustrations and took the time to defend me in the most passionate and assertive manner possible. They were upfront on everything including my rights, costs, and overall feeling of the case. I would and will recommend them to anyone in need of a caring and helpful hand in the future. If you need help with any family legal matters, I can't stress enough how much I appreciate them and their time. Thank you both.Posted on Google![]()
Steve WoolleyTrustindex verifies that the original source of the review is Google.
Best experience ever! The team at Felt Family Law worked with speed and compassion to guide me through a challenging change in my life. Highly recommend!Posted on Google![]()
Brooke GulianTrustindex verifies that the original source of the review is Google.
Johnathan was so smart and kind. Really made the not so fun process a joy. He is quick and calm and his staff is super helpful. I had a lot of questions and his whole team took the time to walk me through it all. 10/10 recommendPosted on Google![]()
Michael ColvinTrustindex verifies that the original source of the review is Google.
Came in looking for a consultation and the sense of ease that Jon and his team provided from that opening moment was a relief when dealing with the stress of a divorce. Very punctual, open to answering questions and gives guidance to make the whole process as painless as possible. You hire a lawyer for their knowledge/expertise and it showed.Posted on Google![]()
Kevin PorterTrustindex verifies that the original source of the review is Google.
I knew the moment I walked into his office that he was the person to represent my daughter in her upcoming mediation if he could fit her in; which he did willingly by adjusting his schedule to accommodate us. TYvm JohnathonPosted on Google![]()
Ema GriffithsTrustindex verifies that the original source of the review is Google.
Grateful to have been able to attend a mediation with Jonathan. He knew the law about what could be taken care of in mediation and what could not, and did not let anyone railroad him. He’s a trustworthy mediator.
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