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Should I Hire a Forensic Accountant for Divorce?

Hiring a Professional for Tough Divorce Cases

When considering filing for divorce, it is important to think about all of the potential implications. One factor that may not have been clear at first is whether or not to hire a forensic accountant. Here in California, working with a forensic accountant can be extremely helpful during the divorce process. In this blog, learn some of the reasons why you should consider hiring a forensic accountant for your divorce.

Save Money in the Long Run

Hiring a forensic accountant may be an expensive proposition, but it is nothing compared to the potential cost of not having one on your side. A forensic accountant can save you time, money, and a lot of stress during your divorce.

Because California is a community property state, all assets and debts acquired during the marriage are considered to be owned equally by both spouses. This can make untangling your finances during a divorce a complex and time-consuming process. A forensic accountant can help you determine what assets should be divided.

Uncover Hidden Assets and Income During Your Divorce

If you're considering a divorce in California, you may be wondering if you need to hire a forensic accountant. The simple answer is that it depends on your individual circumstances. However, there are some general situations where working with a forensic accountant can be extremely helpful.

For example, if your spouse is self-employed or runs their own business, it can be difficult to track down all of their assets and income. A forensic accountant can help by reviewing financial records and using their expertise to identify hidden assets and income sources.

Additionally, if there is a significant disparity between the incomes of you and your spouse, hiring a forensic accountant can level the playing field during divorce negotiations. They can help ensure that all income and assets are properly accounted for so that you can reach a fair settlement.

If you're considering a divorce in California, take the time to speak with a forensic accountant to see if they can help you during this difficult time.

In addition, be sure to ask your family law attorney about their thoughts and if they have any recommendations.