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High Asset Divorce Case from 1990 May Be Reinstated Based on Fraud

Generally speaking, when people are involved in a high asset divorce case, they need to be extremely thorough when it comes to making sure that all of the assets that could be part of the marital estate are included in the case.  This is easier said than done in many instances because there are some parties who will attempt to hide assets in order to avoid having to potentially split them up as part of the property division aspect of the case.

That is allegedly what occurred with a high asset divorce that occurred in 1990, and the former wife of a billionaire investment advisor is attempting to reinstate a high asset divorce case from more than 20 years ago because $5.5 million was allegedly kept off of the relevant disclosure statements from the divorce.  While 22 years is well past a statute of limitations, the former wife alleges that she only discovered this alleged fraud in 2008, and therefore should not be subject to the statute.

Unfortunately, allegations of fraud and deception are extremely common when it comes to high asset divorce cases.  This case is just one of many situations that arise when marital estates are going to be divided and there are large numbers and amounts of assets that will need to be assigned to the proper parties.  The federal appeals panel has yet to rule on this specific matter.

San Diego High Asset Divorce Lawyers

When people are of a high net worth and they decide that it’s time to pursue a divorce, they have much to lose in terms of assets and interests.  Therefore, those who become involved in these situations need to take immediate steps to make sure that they are giving themselves the best chance possible to achieve an equitable result.

If you are facing this situation, you need to seek the help of San Diego high asset divorce lawyers who have been fighting for the rights of fathers and husbands for many years.  Contact the Men’s Legal Center today to schedule an initial consultation.