If the numbers in your divorce don’t add up, financial records can help show where the questions are. Hidden assets in a Georgia divorce may involve bank accounts, investments, retirement funds, real estate, valuable property, or a business interest.
Our Roswell family law practice handles hidden asset and property division disputes throughout North Fulton and the greater Atlanta area.
What Financial Information Does Georgia Require?
Under Georgia’s Uniform Superior Court Rule 24.2, parties generally must serve a Domestic Relations Financial Affidavit before certain temporary or final hearings involving equitable division, alimony, child support, or attorney’s fees, unless an exception applies.
The affidavit asks for income and assets, including bank accounts, investments, retirement accounts, real estate, vehicles, life insurance cash value, jewelry, collectibles, and other property. If those disclosures don’t line up with records you already have, flag the discrepancy for your attorney instead of assuming what it means.
Which Georgia Divorce Financial Records May Be Useful?
Different records show different parts of the financial picture. Documents already available to you may include:
- Bank and investment account statements
- Retirement and pension statements
- Real estate, mortgage, and vehicle records
- Income records and tax documents
- Business statements, invoices, deposit records, and asset records
The IRS explains that ordinary business records can include invoices, deposits, account statements, payroll records, and documents showing business assets. If a privately held company is part of your divorce, those records give your attorney concrete numbers to review.
Why Can a Business Make the Financial Picture Harder to Read?
A business interest may need more than a look at the account balance. Its value can depend on assets, liabilities, income, and the valuation method used.
Rowsey & Stelter handles business valuation in divorce. When you need outside valuation work, our firm has access to qualified appraisers and brokers. If a business figure looks incomplete or inconsistent, it may deserve closer review before property division is finalized.
What Should You Do If the Numbers Don’t Match?
Keep copies of financial records already in your possession and note the specific numbers that concern you. An unfamiliar account, unexplained transfer, or inconsistent business figure isn’t proof of wrongdoing, but it is something your attorney can evaluate in context.
Our team handles hidden asset concerns for clients in Roswell and the greater Atlanta area.
FAQ About Hidden Assets in a Georgia Divorce
Does a financial discrepancy prove my spouse is hiding assets?
No. A mismatch may have an explanation, or it may be a reason to review the financial information more closely before property division is resolved.
Can a business be part of a hidden asset review?
Yes. Business income, assets, liabilities, and valuation may affect the financial picture in a divorce.
Can hidden assets involve more than bank accounts?
Yes. Georgia’s financial affidavit also includes investments, retirement funds, real estate, vehicles, life insurance cash value, jewelry, collectibles, and other assets.
Talk With a Roswell Divorce Attorney
If you’re worried about hidden assets in a Georgia divorce, a Roswell divorce attorney at Rowsey & Stelter can help you sort through the financial picture before you make important property decisions. Susan Stelter focuses her practice on family law, including high-net-worth divorce and contested matters. Call our Roswell office to schedule a free consultation.
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Roswell, GA 30075
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