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Do you need a forensic accountant on your divorce team?

| Feb 27, 2019 | Property Division |

When you separate from your significant other in Ohio, chances are, you are going to need to do some untangling of your shared assets and debts. While the process can prove easier for some divorcing couples than others, increasingly, those looking to make sure they get everything they deserve in the split are relying on the assistance of forensic accountants.

Forensic accountants, per Forbes, are accounting and finance professionals who may be able to help people going through divorces sort through a variety of matters relating to their finances. So, what can a forensic accountant potentially do for you? For starters, forensic accountants can help make sure that all assets and sources of income undergo consideration during your divorce. If, for example, you feel as if your ex is hiding income or assets, a forensic accountant may be able to help you get the answers you desire. This type of accounting professional may also be able to help you appraise high-value assets, such as classic cars, works of art and the like, so that you and your former partner can divide their value accordingly.

Often, those with complex financial situations or particularly high incomes find the help of forensic accountants especially beneficial. If you, for example, are concerned with matters relating to stock options, complicated business partnerships, retirement plans and so on, you may find it worthwhile to enlist the aid of this type of professional.

This information about forensic accountants and divorce is meant for educational purposes only and does not constitute legal advice.

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