Archives: Hidden Assets

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Cryptocurrency and Family Law: Tracing Remainder Addresses on Exchanges (Part 2)

This article is limited to transactions on exchanges only.  The next entry will address remainder addresses in non-exchange scenarios. For a better understanding what cryptocurrencies are, please read the first article in this series, available here: https://www.dallastxdivorce.com/2018/08/articles/articles/cryptocurrency-and-family-law-the-basics-part-1/ Everyone in the world can see when cryptocurrencies are transferred.  Public addresses are wallets, and generally remain the same, … Continue Reading

Cryptocurrency and Family Law: The Basics (Part 1)

Cryptocurrency and Family Law: The Basics (Part 1) Cryptocurrencies like Bitcoin and Ethereum are not going away any time soon.  Both have been sanctioned by the United States government, and millions of people within our country utilize these electronic currencies every day in a variety of ways.  Some use them as vehicles for investment, some … Continue Reading

A place to look for hidden money

I read an article in the Fall 2017 Family Lawyer Magazine (yes, I’m behind on my reading pile) that talks about away to hide income – at the IRS. Husband owed wife spousal support, which was calculated on his actual net income. After receiving a raise, Husband increased his federal withholding taxes above the amount … Continue Reading

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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