Who gets the house in a divorce in Oregon?

Who gets the house in a divorce in Oregon?

In Oregon, the court will presume that the spouses contributed equally to the acquisition of most property during marriage, regardless of what title says. Property acquired equally will be split equally. The only assets left out of this presumption are gifts to one spouse that are always kept separate.

Can a forensic accountant find hidden bank accounts?

The forensic accountant, working with the divorce attorney, will look for signs of financial activity that looks suspicious. They may find assets that were previously unknown, like a bank account full of cash, an expensive piece of real estate, or a secret investment portfolio.

How does a forensic accountant find hidden assets?

To uncover hidden assets, forensic accountants examine a variety of documents, including tax returns, bank records, real estate records, insurance policies and court filings. Loan applications, employment applications and credit reports also may yield valuable clues about the value and location of a person’s wealth.

Is hiding assets in divorce illegal?

Hiding assets during a divorce is sneaky, unethical and illegal – and it happens much more frequently than most women suspect. Many couples have complex financial portfolios. Not only can this be used to help determine alimony and child support, but it also serves as a tool to help detect hidden assets or income.

How do you find hidden income?

– Collect any financial documents that you are able to get your hands on. These documents include old & new income tax returns, credit reports, accountant work papers, loan applications, bank statements, investment statements, credit card receipts and statements, ATM statements, pay stubs, and financial statements.

How do I find a hidden retirement account?

How to Find Hidden Retirement MoneyContact your former employer.Search for unclaimed retirement benefits.Work with a financial advisor.

What is a asset list?

Definition of Assets List. The list of assets details different types of assets owned by the entity, for example, operating assets, non-operating assets, current assets, non-current assets, tangible, and intangible assets.