Asset Tracing Solicitors

The full disclosure of assets in a divorce is essential to a fair outcome. If you suspect your former partner isn’t complying, our solicitors can help you uncover and prevent concealment.

In divorce proceedings, tracing and securing all of your partner’s financial assets ensures you can put all the relevant information in front of the courts, which is vital for achieving a fair outcome.

In some divorce cases, a party who seeks to limit financial liability to their former partner will try to conceal assets in businesses, property, trusts, and hedge funds.

Often, but not always, these assets are held offshore, making asset tracing an important element of the process.

The concealment of assets by any method is likely to constitute fraud, as one of the key documents in financial settlement proceedings (the Form E) requires parties to give ‘full, frank and clear disclosure’ and warns that criminal proceedings can be brought in the event that a party has been ‘deliberately untruthful’.

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Asset Tracing Services

In the event that you suspect your former partner of hiding assets, our specialist team are experts in asset tracing and recovery. We can help you uncover assets in the UK and abroad.

Where appropriate, our asset tracing solicitors will instruct forensic accountants to ensure that any relevant information is put before the Family Court. And, if necessary, we will advise as to your options to freeze assets by way of an injunction.

Recent case law has confirmed the significance of the validity of financial settlements where assets have been hidden.

Please don’t hesitate to reach out to our team, and we will do all that we can for you.

Frequently Asked Questions

What happens if my spouse doesn’t fully disclose their assets?

In a divorce, both parties are expected to disclose all assets so a fair financial settlement can be agreed. If one party does not properly comply, any settlement can be set aside (i.e. cancelled). And if it’s found they’ve done so deliberately, then they may be charged with fraud as part of further legal proceedings.

What type of assets could my spouse be hiding?

The most commonly hidden assets are money, shares, investments, properties, and businesses. Fortunately, these are all traceable, even if they’re hidden across multiple jurisdictions.

What can I do if I think my spouse will attempt to hide assets?

You can take preventative action to stop your spouse by applying for a court order to freeze their assets. Such action is why it’s important to seek legal advice as early as possible.

Related Services

Divorce Solicitors

Our expert solicitors are able to guide you through the divorce process and offer valuable advice and assistance on all aspects of divorce, separation or dissolution.

Financial Settlements

Financial settlements are a pressing concern for many who are going through a divorce. Reaching an agreement quickly, and ideally out of court is in your best interest as well as ours.

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