Lifestyle Analysis in Divorce Cases: Investigating Spending and Finding Hidden Income and Assets
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The best forensic accountants are able to present financial issues in litigation so they can be understood readily. Attorneys, judges, and juries often lack an accounting or finance background, so being able to break down financial topics in a way that is easy to understand is essential for forensic accountants. The best expert witnesses are those who can relate to the judge and jury and who can make sense of even the most complex numbers
Although a financial expert can be involved in family law cases in many different ways, this book focuses on determining income, determining the standard of living, identifying assets, and tracing and finding funds or other assets. The work may be done because of allegations of hidden income or assets, but many times it is done simply because of a need to determine income and expenses when the parties are unable to do so without the assistance of an expert.
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