In Part 1 of this article, several due diligence tips were provided around asset and debt disclosure, income and expenses that may be relevant in determining spousal maintenance or child support. So, what are some additional ways to dig deeper when one suspects that there are additional undisclosed assets or debts? Furthermore, what are some tips for discovering undisclosed income? In reviewing bank statement activity, it is important to make note of any payments for property taxes that … [Read more...] about Conducting a Forensic Financial Analysis in Divorce Proceedings: Part 2
Divorce Proceedings
Conducting a Forensic Financial Analysis in Divorce Proceedings: Part 1
Almost everyone has heard divorce horror stories. For example, during the divorce process, the parties exchange financial information in what should be a transparent process with full disclosure. Based on this disclosure of assets and debts, the parties reach a settlement, or they head to trial to have the assets and debts divided by the court. A year later, they learn that their spouse had a pension plan that they didn’t know existed. Or, maybe there was a secret bank account as well as other … [Read more...] about Conducting a Forensic Financial Analysis in Divorce Proceedings: Part 1
