For couples that have a high net worth, the divorce process can get complicated. When a couple owns many different types of assets, determining the value of those assets, identifying whether assets are marital property or non-marital property, and making decisions about how assets should be divided, can be difficult. In these situations, a forensic accountant can play a vital role in ensuring that financial subjects will be addressed correctly. An attorney with experience in high-asset divorce cases can work alongside a forensic accountant and provide skilled representation during legal proceedings, advocating for their client’s rights and protecting their financial interests.
What Is a Forensic Accountant?
A forensic accountant is a professional who can investigate financial matters related to legal disputes. They can examine financial records, identify hidden or undervalued assets, trace sources of income and expenses, perform business valuations, and provide expert testimony, if necessary.