NJSBA Family Law Section

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Finding Hidden Assets Using Tax Returns and Other Means | Aug. 30

  • 1.  Finding Hidden Assets Using Tax Returns and Other Means | Aug. 30

    Posted 07-31-2023 04:01 PM

    Good afternoon Family Law Section members,

    On Wednesday, Aug. 30, NJICLE will present Finding Hidden Assets Using Tax Returns and Other Means from 9 a.m. to 12:35 p.m. Online.

    Join our panel of accountants and attorneys as they discuss common methods used to conceal income and assets, the process of tracing the money, and the databases, public records, and other documents available to uncover these hidden assets.

    Faculty

    PRESENTERS
    Sandra C. Fava, Esq.
    Fox Rothschild LLP, Morristown
    Gerard J. Felt, Esq.
    Pressler Felt & Warshaw LLP
    Stefanie Jedra
    Marcum LLP
    Daniel Roche
    Marcum LLP

    Many different types of cases require attorneys to know and find the assets of the parties involved—whether it’s a divorce, collections, business litigation, or some other type of case. Business owners and individuals often try to manipulate their companies’ and personal financial statements. Fortunately, tax returns aren’t always so easy to misrepresent. Tax returns can provide a road map to income-earning assets and asset sales. They also identify sources of income, including W-2 wages, interest, dividends, rental income, and gains or losses from the stock sales. Other documents that can be useful in uncovering deception include: personal and business bank statements, pension and retirement account statements, credit card statements and applications, loan statements and applications, insurance policies and bills, and wills and other estate planning documents. 

    This program will teach you how to:

    · How to read a tax return to specifically look for hidden assets
    · Identify the kinds of information useful for finding hidden assets
    · Identify methods of hiding assets and income and common procedures used to help uncover them
    · Discuss with clients the kinds of information useful to begin an asset search
    · Explain to clients realistic procedures and timelines in both forensic accounting and asset searches

    CLE Credits
    NJ CLE:    NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 8 hours of total CLE credit (CPE Taxation: 4.0, NJ General: 4.0).
    NY CLE (t&nt):    NY Professional Practice Non-Transitional: 4.0
    PA CLE:    PA Substantive Credit: 3.0
    $12.00 fee – separate check payable to NJICLE must be submitted at the end of the program

    Click here to register for Finding Hidden Assets Using Tax Returns and Other Means.

    For questions or to register by phone, please contact an association representative at 732-214-8500, or by email at [email protected].

    All the best,
    Barb



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    Barbara S. Straczynski
    Director of New Media and Promotion
    New Jersey State Bar Association
    One Constitution Square
    New Brunswick, NJ 08901
    732-937-7524
    [email protected]
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