When might a forensic accountant help in a divorce case?

It is no secret that every Massachusetts divorce is different and that what works for one divorcing couple may not necessarily do so for the next. In other words, if you or your spouse are particularly high earners, or if one of you has an especially complicated financial profile, your divorce may take longer than one involving two low-income earners who were only married a short while.

According to Forbes, if your situation is especially financially complex, you may find it advantageous to have a forensic accountant take a good, hard look at you and your soon-to-be-former spouse’s financial affairs. In doing so, he or she can make sure that both parties in the marriage are being upfront about their finances so that one of you does not end up with more than is fair after the divorce.

So, when might you want to enlist the help of a forensic accountant in your divorce? In addition to doing so when you have particularly complex finances, you may want to hire this type of professional if you feel as if your spouse is being untruthful with you. For example, maybe you have concerns that he or she is hiding assets, or maybe you think your spouse is somehow using his or her business to make it appear that there is less money to divide than is accurate.

A forensic accountant may be able to help you get to the bottom of such matters, and he or she may, too, be able to help you figure out how to divide especially complex assets. For example, maybe your spouse has an extensive art or automobile collection, or maybe one of you have business interests or assets in other countries. A forensic accountant may be able to help you work through these and similar matters so you can feel secure in knowing that you will get what you deserve once the divorce finalizes.

This information about the role forensic accountants often play in a divorce is educational in nature and does not constitute legal advice.



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