Archives: Hidden Assets

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Alter Ego and Piercing the Corporate Veil in the Context of Divorce

Texas law typically treats corporations, partnerships, and other types of businesses as a separate legal entity - existing apart from shareholders and partners. Because these businesses are separate legal entities, only the spouse's interest in the corporation, partnership or other business is up for division by the divorce court. This means that specific corporate assets are often off-limits in a divorce action. But, there is an exception to this rule when alter ego can be established.… Continue Reading

Hidden Assets in Divorce

Frequently we are asked what recourse is available when one spouse attempts to hide assets of the marital estate during a divorce. Not only is such conduct highly unethical, it is fraudulent as well. Typically a forensic accountant is called in to help search for hidden assets. In our experiences, here are some reoccurring methods used to hide assets:… Continue Reading
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