Hidden Assets in New York Divorce

Episode Summary:

In this episode of *Law and Life, the Leverance Approach*, Attorney Yonatan Levoritz dives into the complexities of uncovering hidden assets in high asset divorces. He discusses early indicators of undisclosed assets, financial structures causing confusion, challenges with trust evaluations, and the intricate process of tracing value through LLCs and other entities.

Key Timestamps:

00:00 – Introduction

01:10 – Early indicators of undisclosed assets

03:45 – Complexity of financial structures in high asset divorces

06:20 – Challenges with trust evaluations

08:15 – Tracing value through LLCs

09:45 – Uncovering underreported assets through forensic accounts

11:30 – Addressing compensation and distributions in businesses

13:55 – Difficulty in understanding available assets for distribution

16:20 – Common practices of underreporting income and hiding assets

About the Show:

*Law and Life, the Leverance Approach*, hosted by Attorney Yonatan Levoritz, provides invaluable insights into navigating divorce and family law complexities. With a focus on uncovering hidden assets and ensuring fair outcomes, this podcast offers expert guidance for those facing challenging legal situations.