When The Wealthy Divorce, They Regularly Engage Forensic Accountants

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Forbes Magazine published an article on “When The Wealthy Divorce, They Regularly Engage Forensic Accountants” this week. Couples with a large amount wealth and substantial assets to be divided do often require the services of a forensic accountant during their divorce proceedings. Forensic accountants, however, are not only necessary for wealthy couples. Couples of all different financial backgrounds find forensic accountants and financial experts helpful in divorce proceedings. Forensic accountants aid in determining income of those spouses with complicated pay structures or for those who may try to claim they earn less than they do when facing alimony and child support obligations. Financial experts and forensic accountants are also able to assist in determining values of retirement accounts and the anticipated tax consequences associated with distribution of the retirement accounts.

If you have a complex financial case, we highly recommend consulting with a financial expert to determine if your case would benefit from such services. To view the Forbes article, click HERE.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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