What if my spouse's assets and income are undervalued?

Where a spouse has significant business assets, they can often try to downplay their value on divorce. Having the correct value for an asset like this will be key to ensure you get your fair share of your marital wealth.

Sometimes spouses will route their business through a complex web of company structures. On other occasions they will manipulate the way the business is run and accounted for in order to suggest it has a lower value. The court appointed expert valuer will have to contend with each of these tricks as it seeks to properly value the asset.

With in-house corporate and forensic accountancy expertise, Vardags can help ensure that the valuer asks the right question and reaches the right conclusion. We will be able to trace and assess how your spouses’ wealth is held and analyse the accounts to check whether they present a true portrayal of the value of the business.

Vardags will ensure that the valuer, and the court, ask the right questions and uncover the true value of your spouses’ assets.

Equally, Vardags’ understanding of corporate practices will help us set out the true level of your partner’s income. We know how people downplay their income, be it arranging complex remuneration packages, or running personal expenses through a business. We will interrogate their accounts and find out what they really earn in order to help your claim.

If you’re considering or going through a divorce and are worried your spouse’s assets are undervalued, click below for a free initial consultation with one of our expert divorce solicitors.

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