One of the primary objectives in a divorce is the division of marital property , which includes all
assets and liabilities accumulated during a marriage. An experienced divorce attorney can help with property division however, when it comes to complicated financial assets a forensic accountant can be invaluable in assisting an attorney with a complex financial situation.A forensic accountant can help discover essential financial information that could affect spousal
support, child support,and the division of assets. A forensic accountant can help with the following:
- Discovery of hidden assets
- Determine personal expenses
- Evaluate inconsistencies in documents and statements
- Assess the long term financial impact of proposed divorce settlements
In heated divorce situations, it is important to ensure that all assets personal and business are fairly valued before any division and prior to any agreement being finalized. When a divorce case requires special attention, the work of a forensic accountant can make a significant financial difference.