What you can do depends on where you are in the divorce process and whether you complete your divorce through mediation or litigation. During a divorce, your lawyer can use subpoenas to compel your ex to produce complete financial records. If he or she will not, the divorce court can hold him or her in contempt, which can result in anything from fines to imprisonment and invariably results in judges angry at the person who refused to play by the rules.
Especially in high-net-value cases, there are entire companies dedicated to forensic divorce accounting to help you find and keep track of all of your spouse’s assets. Generally, people only rarely get away with hiding significant assets during a divorce — hopefully, your ex will not be so foolish as to try.
The situation gets a bit more complicated if you are pursuing mediation because all financial disclosure is voluntary. What can you do?
Working with a seasoned family and divorce lawyer can help you both identify and deal with hidden assets. If you discover hidden assets after a court has entered a final divorce decree, you may petition the court to set aside the decree and draft a new one, this time including the formerly hidden assets.