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.