Family law cases involving complex financial issues often require the assistance of a financial expert for the following issues:
- Preparing a financial disclosure, including creating a marital balance sheet
- Comparing balance sheets from period-to-period to evaluate changes in assets and liabilities
- Analyzing financial disclosures or affidavits prepared by the spouses
- Calculating the historical income of the spouses
- Determining income (or the ability to pay) in order to calculate support
- Determining the standard of living (or the need for support)
- Valuing business entities or other assets (such as real estate, pensions, and the like)
- Identifying assets and determining whether they are non-marital (separate) or subject to division (marital or community)
- Tracing and finding funds or other assets
- Analyzing claims of dissipation, wasteful spending, or fraudulent conveyance
- Evaluating the income tax impact of various scenarios
- Assessing the work of an opposing financial expert
- Other litigation assistance, such as assistance with drafting discovery demands and interrogatories or preparing for the depositions of individuals with financial information