Divorce rates in the United States fluctuate between 40 and 50 percent, ranking it 6th amongst countries with the highest divorce rates in the world. In fact, it is estimated that there is a divorce every 13 seconds in America. When a marriage ends, the separating couple and all of….
The process of hiding assets in the event of an upcoming divorce or a current divorce is all too often commonplace in today’s world. In many cases where a divorce is imminent, high net worth individuals are tempted to hide assets from their partner in an attempt to conceal and….
Mediation in a divorce setting involves the meeting of a divorced couple, where issues are discussed with the help of a neutral third party, known as the mediator. Some of these issues that are discussed include child support, taxes, the distribution of assets and liabilities, child custody and parent time,….
Contrary to popular belief, the commonly repeated “fact” that half of all marriages in the United States end in divorce is only loosely true. In fact, divorce rates have actually slowed over the last couple of decades, giving reassuring hope to many who are down on the concept of marriage…..
Introduction The question of how to objectively value personal goodwill in a marital dissolution proceeding is one frequently encountered by business appraisers and attorneys in the State of Florida. Personal goodwill is defined as the portion of a business’ value in excess of tangible net book value that depends upon….
Forensic accountants are required to maintain a specialized skill set of auditing expertise, education, and training. Combining accounting and analytical talents with financial proficiency and a strong moral compass, a forensic accountant plays a critical role in both litigation support and investigations. First and foremost, a forensic accountant must maintain….
Testifying in a court case as an expert witness is often critical to the outcome of a lawsuit. Forensic accountants are typically called upon to utilize their accounting, investigative, economic, statistical, and research techniques and then apply them to a legal problem. Digging into a case to analyze, audit, and….
Forensic accounting plays a critical role in the preparation and examination of financial records and statements. Combining all facets of accounting, investigating, and auditing, forensic accountants are tasked with the responsibly to deliver an accounting analysis suitable for court. The specialized skillset of a forensic accountant has led to their….
The divorce process is a very emotional time for both parties involved and oftentimes can lead to doubts regarding the integrity of your spouse. Hidden assets are a very common concern among individuals who are going through a divorce. Usually, the spouse who had very limited and/or no previous knowledge….
For couples going through a divorce, the process can be extremely difficult and it can sometimes be overwhelming for everyone involved. Investigating financial issues in a divorce usually involves a process called “discovery”. Discovery is necessary in order to identify and value all marital property. If either spouse does not….