Hidden Assets in Florida Divorce: What You Should Know
Dividing assets during a divorce is never easy—but when one spouse attempts to hide money or property, it becomes even more complicated. In Florida, both parties are legally required to provide full and honest financial disclosure. If one spouse withholds or conceals assets, it can result in legal consequences and an unfair settlement.
At Gisondo Law, we help clients uncover hidden assets and ensure fair distribution under Florida law. Here’s what you should know if you suspect something isn’t being fully disclosed in your divorce.
Red Flags That May Indicate Hidden Assets
If your spouse is being unusually secretive about finances or making suspicious transactions, it could be a sign that assets are being concealed. Common red flags include:
- Unexplained withdrawals or large cash purchases
- Transferring money to friends, family, or new accounts
- Undervaluing personal or business assets
- Sudden claims of financial hardship or lost income
- Delays in producing required financial records
While not all these behaviors confirm wrongdoing, they’re worth investigating—especially in high-net-worth or contested divorce cases.
Legal Tools to Uncover Hidden Assets
Florida courts allow a range of legal methods to identify and recover hidden assets, including:
- Discovery and disclosure requests – Each spouse must submit a sworn financial affidavit listing all assets, income, and debts.
- Depositions and interrogatories – These allow attorneys to ask detailed questions under oath.
- Forensic accountants – Financial experts can analyze tax returns, bank records, and business ledgers to trace suspicious activity.
- Subpoenas – These can compel third parties—such as banks or employers—to produce financial documents.
At Gisondo Law, we work with skilled professionals to track down hidden money, offshore accounts, or underreported income.
Consequences of Hiding Assets
Trying to conceal assets during divorce is not just unethical—it’s illegal. If a spouse is caught:
- The hidden asset may be awarded entirely to the other spouse
- The court may impose fines or legal sanctions
- The dishonest party’s credibility may be damaged in other areas (like custody or alimony)
Judges take full financial transparency seriously and attempts to manipulate the system often backfire.
How to Protect Your Financial Future
If you suspect hidden assets in your divorce, don’t wait. Start gathering records and talk to an attorney with experience in complex divorce litigation. Timing is key—especially if you believe assets are being moved or liquidated.
Our firm has successfully helped clients throughout Palm Beach Gardens and across South Florida protect what they’ve worked hard for.
Conclusion:
You deserve a fair and honest division of property. If you believe your spouse is hiding assets, let Gisondo Law help you uncover the truth. We provide experienced representation in complex and high-conflict divorce cases, with a focus on protecting your financial interests.
📞 Call (561) 530-4568 or visit GisondoLaw.com to schedule a free, initial, in-office confidential consultation today.