Some divorces have complex financial issues. In such cases, a forensic accountant can be called in to analyze financial documents to help divorcing couples in the collaborative process, or in court when litigation is involved, to determine the value of assets and how those assets should be divided. They also assist in decision-making on child and spousal support. Not every divorcing couple … [Read more...] about When Should You Use a Forensic Accountant For Your Divorce?
Dealing with Hidden Assets in a Collaborative Divorce
People choose Collaborative Divorce over traditional litigation when they want the divorce to be more amicable. The hallmark of a Collaborative Divorce is honesty. Both spouses are expected to provide full disclosure about all assets, both those known to be community property and those that they claim are separate property. In rare cases during the collaborative process, one party … [Read more...] about Dealing with Hidden Assets in a Collaborative Divorce
Marital Waste: When Spending is More Than Just a Shopping Spree
If your marriage is ending and you’re splitting on bad terms, you may be worried that your ex will become spiteful or resentful and act on these actions. This isn’t uncommon in bitter contested divorce; but what is a problem, is if that resentment results in anger-driven decisions to hurt you, specifically in a financial way. Consider for a moment your bank accounts and the fact that … [Read more...] about Marital Waste: When Spending is More Than Just a Shopping Spree