Family Law Forensic Accountant. In all divorce cases, each party must prepare a financial statement which is set forth on a court form called an income and expense declaration. They will often give opinions and testimony in family law proceedings where one spouse is suspected of hiding assets in a divorce.
Forensic accountants possess expertise in financial and accounting matters and a dogged determination to thoroughly examine every aspect of a person’s past and current financial and personal life. Since they know both accounting and the law, forensic accountants can serve as expert witnesses in divorce cases. If you want help obtaining a divorce or property settlement, or you simply want legal advice prior to separating, get in contact with greenhalgh pickard today on (07) 5444 1022.
The Forensic Accountant Will Help With Determining Each Party’s Income, The Total Value Of Their Joint Assets, And Each Party’s Assets.
Disprove undervaluation of businesses and assets, including property and land; Forensic accountants possess expertise in financial and accounting matters and a dogged determination to thoroughly examine every aspect of a person’s past and current financial and personal life. Our family lawyers are dedicated to achieving you the best outcome and ensure full confidentiality.
A Forensic Accountant Can Help During A Divorce, Because They Are Able To Look Over Financial Reports And Documents To Find Missing Or Hidden Assets.
A family law forensic accountant understands the legal principles of tracing ownership and will build the documentation to establish the separate property claim. When a forensic accountant is assisting with a divorce, one of the first things they review is tax returns belonging to both parties. It is the attorney’s job to advocate for the client;
With Our Family Law Forensic Accounting, We Can Assist With Asset Tracings, Income Available For Support, And Business Valuation Issues In A Family Law Setting.
Believe it or not, a forensic accountant can learn a lot from a tax return such as real estate information, investments, partnerships and businesses, trusts and estates, and much more. For this reason, spouses who are trying to hide assets from the eyes of the other spouse and the court system usually find that a forensic accountant is their worst nightmare. We can assist in preparing document production requests we can also help in the preparation of disclosure documents.
Since They Know Both Accounting And The Law, Forensic Accountants Can Serve As Expert Witnesses In Divorce Cases.
Divorce forensic accounting los angeles. Consider the mismatch of lifestyle with declared income Typically, divorce attorneys will advise their client when a forensic accountant is necessary, and will help the client find the right accountant for his/her case.
Briggs & Veselka Offers Forensic Accounting, Asset Tracing, Valuation, And Expert Witness Services For Family Law Matters In Texas.
Family separations and divorces are fraught with anger, anxiety and fear. Forensic accounting combines accounting, auditing, and investigation skills and uses those tools to examine fiscal issues. What does a forensic accountant do?
