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My Husband And I Are Getting Divorced We Are Both Company Directors In Company And Our Financial
My husband and I are getting divorced. We are both company directors in a company and our financial affairs are rather complicated. Before we split up, my husband became increasingly secretive about financial matters. At the time, I put it down to stress but now I am wondering if he was secretive because he was hiding money and assets from me. Is there a way that I can find out?
My husband and I are getting divorced. We are both company directors in a company and our financial affairs are rather complicated. Before we split up, my husband became increasingly secretive about financial matters. At the time, I put it down to stress but now I am wondering if he was secretive because he was hiding money and assets from me. Is there a way that I can find out?
Public Answer
Thank you for your enquiry.
You and your husband will need to give what is called “full and frank” financial disclosure of your assets when you either negotiate a financial settlement or if one of you starts financial court proceedings.
Once you have your husband’s financial disclosure, your divorce solicitors will be able to review it and check if there are any discrepancies or evidence that assets have been hidden from you, for example shares, investments or additional bank accounts.
As you own a family business with your husband you could ask a forensic accountant, within the financial court proceedings, to look at the business value and look for any discrepancies, for example movements on a directors loan account.
If you are concerned that your husband might sell or dispose of assets then you could apply to court for an injunction order to stop him from doing so.
You do need family law advice on the financial disclosure and your financial settlement options. We would therefore ask you to call us on 0203 959 9123 to arrange an appointment to discuss how we can help you. Please call us.
family law team OTS Solicitors
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