Serving as a forensic accounting expert in a family law case begins with setting the stage for the work to be performed for the attorney. One of the most important steps is developing the scope of the engagement. There are […]
When one or both spouses have an ownership interest in a business, it is critical to get both income tax returns and financial statements for the entity. It is impossible to fairly evaluate the business and the income from it […]
Determining the income of the parties to a divorce or child custody case is critical, as it affects spousal support and child support. It may also affect the division of assets, particularly if there are income-producing assets to be divided. […]
The financial effects of divorce are far reaching. In a one-income household, it’s often even worse. It’s bad enough that one income now has to support two separate households, at least for a period of time. The non-moneyed spouse (the […]
Everyone knows about the typical sources of financial information in divorces. Income tax returns, bank statements and related documents, brokerage statements, credit card statements, and business financial statements are some of the most common. There are alternative sources of financial […]
Once a forensic accountant completes a lifestyle analysis for a divorce case, how does the family lawyer use it? Attorney Miles Mason explains how he uses the lifestyle analysis to evaluate the lifestyle and the reasonable needs of a spouse.
Tracy Coenen on Finance Friday for the FOX5 morning show in Washington D.C., talking about red flags of financial fraud in marriage and her new book, Find Me The Money.
I hear it over and over again: “A private investigator says he can find my husband’s secret bank accounts.” Not without breaking the law! I fight against this all the time. People are out there saying they can magically find […]
Divorces between older couples who have been married a long time are sometimes referred to as “gray divorces.” Sources say that while divorce rates overall have been dropping in the United States over the last 20 years, among those age […]
Below is a clip of a portion of a video I did on accounting services in divorce and family law cases. I discuss the work that a CPA can do in divorce cases.