There are at least three different circumstances that commonly lead to hiring an expert in divorce cases. Hidden assets, alimony, and child custody are all areas of a divorce that may benefit from the insights an expert can provide. Not every type of expert will be necessary in every in type of case, however, in the right case, one or more experts can have a profound impact on the results.
It is never a good idea to hide assets from your lawyer or your spouse’s lawyer during a divorce. However, sometimes, people do it. A forensic accountant has the skills necessary to identify and track down hidden assets. This is important because property division should be equitable under the law. Without a complete picture of all the assets, the parties and the court cannot fairly divide the property. A forensic accountant reviews income, retirement accounts, business records, and other data to make a determination about potential hidden assets.