How may CPA benefit you?
Many aspects of a divorce can be problematic, especially when it comes to financial issues. One of the primary objectives in a divorce is the division of marital property, which includes all the assets and debts accumulated during a marriage. While an experienced divorce attorney can greatly help with property division, when it comes to complicated financial assets, a forensic accountant can prove invaluable to your team.
Divorce lawyers will often seek the help of forensic accountants when a specialist is needed in a divorce with a particularly complex or troublesome financial situation. A forensic accountant can help reveal essential financial information that could affect spousal support, child support, and the division of assets.
Although individuals involved in high-asset divorces use forensic accountants more commonly, anyone involved in a divorce with complex financial situations can benefit. If, for example, you and your spouse share a business, have varied investments, stock options, or otherwise complex finances, a forensic accountant can help. Even more common financial investments, like retirement funds or insurance policies, might benefit from review by an experienced forensic accountant.