Getting a divorce is rarely a simple endeavor, and when significant wealth is involved, the stakes often rise dramatically. Hidden assets, undisclosed financial dealings and even questionable behavior could all impact the property division outcome.
Some people consider hiring a private investigator when divorcing with high-value assets. But is this step necessary? The answer depends on the circumstances.
Is your spouse hiding assets?
In high-net-worth divorces, financial deception on both sides can be a genuine concern. If your spouse suddenly changes spending habits, moves money between accounts or becomes secretive about their finances, they may be attempting to conceal assets.
A private investigator can trace hidden bank accounts, offshore holdings or undisclosed business interests, helping facilitate a fair division of property.
Do you suspect other marital misconduct?
While personal behavior (adultery, etc.) doesn’t always impact financial settlements, certain actions – like using marital funds for an affair – can influence asset division. If you suspect infidelity or reckless spending, an investigator can help you gather evidence that may be relevant in court. Additionally, if child custody is contested, proof of irresponsible or harmful behavior could be crucial.
When does hiring a private investigator make sense?
Not every high-asset divorce requires a private investigator. If spouses are transparent and cooperative, legal professionals can handle asset division without additional scrutiny. However, amid suspicions of deception, an investigator can help provide clarity, promoting a fairer resolution.
A smart move before hiring a private investigator is to determine whether their findings would be admissible and beneficial to your case. With experienced legal guidance, you can better determine whether you need to add one to your divorce team.