Identify movement of significant funds between accounts. Spot patterns of round-number transfers that often indicate transfers to undisclosed accounts or debts.
Transfers between accounts are often legitimate, but they can complexities in a divorce. Is the transfer to a known marital account, a child's account, or an undisclosed third-party entity? Reviewing these transactions line-by-line is essential for a complete disclosure.
DisclosureAssistant allows you to set specific monetary thresholds for transfers (e.g., "Review all transfers > $1,000"). This ensures consistency; a $1,001 transfer will invariably be flagged for review, removing the chance of human error during a fatigue-inducing manual review.
Round numbers (e.g., $5,000.00 exactly) are often user-initiated transfers rather than automated bill payments. Our system logic highlights these potentially significant transactions, prompting the reviewer to verify the destination of funds.
The output report categorizes transfers, allowing attorneys to quickly scan for high-priority items. Context from the original bank statement description is preserved, key to tracing funds across accounts.
When multiple accounts are part of the marital estate, tracking transfers between them can be confusing. By consolidating records, our tool helps clarify the flow of funds, helping to distinguish between internal transfers and funds leaving the estate.
DisclosureAssistant identifies transactions based on user parameters. It is not an asset tracing service or forensic investigation. Verified legal counsel should review all outputs.