1776 S. Naperville Road
Building B, Suite 202
Wheaton, IL 60189
New client after hours number: 630-690-6077
Wheaton Divorce Lawyer
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Wheaton, IL Forensic Accounting and Asset Tracing Attorneys

Forensic Accounting and Asset Tracing Lawyers Serving DuPage County

A good marriage is often built on honesty and trust, but honesty and trust are frequently abandonded when getting a divorce. Unfortunately, in addition to dealing with all of the emotional turmoil a divorce triggers, many spouses also have to deal with turmoil caused by their spouse attempting to hide assets or income.

At The Stogsdill Law Firm, P.C., we fight to make sure or clients are not taken advantage of in this way. We work with skilled financial professionals, including forensic accountants, to ensure all income and every asset in the marital estate is accounted for and subject to division. Our aggressive litigators can provide you with experienced representation should your divorce involve a trial.

Asset Tracing for Hidden Assets in Wheaton, IL

When a divorce is imminent, some spouses choose to conceal assets or income in order avoid dividing the asset or income in the property division process. This can be done in a number of ways including:

  • Concealing the spouse’s true income;
  • Withdrawing money from a checking or savings account and depositing into another secret account;
  • Hiding participation in or the true value of retirement accounts;
  • Purchasing high value property such as art or jewelry to convert back to cash after the divorce;
  • Purchasing real estate property unbeknownst to the other spouse; and
  • Transferring assets to another person to keep until the divorce is finalized.

Forensic accountants are similar to detectives who look for clues for where to find hidden assets or income. They use a variety of accounting skills to identify concealed assets and report them to the other party and the Court. Asset tracing is a skill that is often implemented to uncover hidden assets. With asset tracing, a forensic accountant follows the trail of the money to determine how and where it has been hidden.

Preventing Hidden Assets

Prior to getting a divorce, it is wise to do some due diligence and divorce planning to prevent your spouse from having the opportunity to hide assets or income from you. If at all possible, you should become familiar with your family financials, if you are not already. Gather copies of all of your essential financial documents and try to obtain a clear understanding of your marital assets.

If you are going through a divorce or a divorce is in your near future and you suspect your spouse may be hiding assets, or income, contact us at 630-462-9500630-462-9500 to schedule a consultation. We will meet with you to discuss your situation and plot out a strategy for how to uncover all of your marital assets. Our firm is located in Wheaton, IL and serve clients throughout DuPage County and the surrounding areas.

  • DuPage County Bar Association
  • Illinois State Bar Association
  • American Bar Association
  • Rotary of Oak Brook
  • Martindale Hubbell
  • American Institute of Family Law Attorneys
  • American Institute of Family Law Attorneys
  • Top 40 Under 40
  • DCBA Law Firm of the Year
    DCBA Law Firm of the Year 2011, 2013
  • Office of the States Attorney 2006-2007
    Outstanding Service to the Office of the State's Attorney 2006-2007
  • Prosecutor 2012
    Outstanding Misdemeanor Prosecutor 2012
  • AVVO Clients Choice
    Clients' Choice
  • I would highly recommend Tony Sammarco to anyone needing a divorce lawyer. He explained all my options to me and he made sure I understood the process. I am glad I had him there to help me through this difficult time.

  • Thank you doesn’t seem enough for all that Bill Stogsdill and Brett Williamson have done not only for me, but my children as well. When I first met both of these gentlemen, each presented themselves with such self-confidence. I instantly knew...

  • The Stogsdill Law Firm and I were able to obtain sole custody of my son. I am fortunate for the outcome and I am to be a father to my son. Secondly, my ex-spouse was awarded limited portion of the marital estate. Bryan Estes is more than an excellent lawyer...

  • Whenever my opinion is asked by any of my clients, friends or family regarding what law firm someone should use for their divorce my answer is always the same –The Stogsdill Law Firm, P.C. The kids and I are forever indebted to Bill and his firm.

  • Bryan's ability to listen and understand my situation and then offer his advice on how we should proceed was the main reasons I hired Bryan as my attorney. That was the best decision I made, for myself and my children. Bryan helped develop action plans as well as a strategy ...

  • I wanted to thank you for your professional and respectful help with my case. Before entering your law firm, I felt as if my life might be at an end. After being greeted by your office manager, I was completely put at ease. Then after my consultation with you, I knew I was in good hands...

  • Mr. Smit has demonstrated a high degree of loyalty and trust worthiness to his work and to his associates. Justin certainly is an asset to your Law Firm, his organization skills are second to none. I have and will continue to recommend Justin ...

  • I recently made the life-altering decision of ending a 30 year marriage. While the support of family and friends was very important, I knew that choosing the right attorney was vital. In large part, my future would be determined by his legal advice and skills…

  • You've clearly established a client-focus in your office -- providing your clients with the warmth and understanding they need as they go through a very difficult time. Thank you, again, for all your help.

  • Taking that step to file for divorce was probably one of the most life changing decisions I have ever made. The process is very painful and emotionally draining. I retained Robert Boyd and Justin Smit of The Stogsdill Law Firm, P.C...