Do-It-Yourself Forensic Accounting in Divorce after divorce Nov 08, 2022

Is do-it-yourself forensic accounting even possible in a divorce case? You bet it is!

Every year, about 700,000 divorces are filed in the United States. And 95% of those going through divorce can't afford to hire a forensic accountant to help them figure out if money is missing. What are they...

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After the Divorce Is Over after divorce Oct 25, 2022

Everyone waits for the day that their divorce is final. The divorce may be something you never wanted. But when you're going through the legal process of divorce, you likely can't wait for it to be over. It's a painful and expensive process. The sooner it can end, the better.

But then what?

Have...

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Coming Soon: Two New Money Guides! Sep 20, 2022

The Divorce Money Guide was released a few months ago and already has changed so many lives. Divorce attorneys, financial planners, and divorce coaches were so excited for it to be released and provided some beta testing services and valuable feedback. And our customers since the release.... have...

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Financial Investigations With High Volumes of Data fraud Sep 06, 2022

Cases with high volumes of bank data, such as money laundering, high net worth divorce, securities fraud, Ponzi schemes, tax fraud, and white collar crime, present special challenges for forensic accountants. High volumes of financial data can be overwhelming. How do you manage the data? How do...

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The Skills of a Fraud Investigator fraud Aug 30, 2022

How do I become a fraud investigator? What skills does a forensic accountant need? I get asked these questions a lot, so today I'm going to give my thoughts on some of the important qualifications and skills a fraud investigator might have.

The educational background of a good fraud investigator...

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What Can You Learn From a Tax Return? divorce Aug 23, 2022

One of the most common documents utilized in a financial investigation is the income tax return. It's a key document in any divorce case, so the personal income tax return is always examined. And if there is a business, the tax return for that entity should be examined too.

What can we learn from...

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The Importance of a Lifestyle Analysis in a Divorce Case divorce Aug 23, 2022

In the early stages of divorce, clients are required to complete financial affidavits, financial declarations, or other similarly titled disclosures.  The importance of an accurate disclosure of assets, liabilities, and income is obvious. Yet many clients are unable to accurately prepare...

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Why Hire a Forensic Accountant for a Divorce? divorce Aug 09, 2022

Some family law attorneys are reluctant to retain forensic accountants in their cases. Money may be a factor, but sometimes the need for an outside expert is not clear. While law firms may have paralegals or attorneys on staff who are very knowledgeable about financial issues, the outside...

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Celebrity Divorce: RHOM Star Has Restricted Access to Funds celebrity divorce Aug 02, 2022

Lisa Hochstein, one of the cast members of the Real Housewives of Miami is alleging that her estranged husband, plastic surgeon (boob god) Lenny Hochstein is "financially strangling" her.  She says in a court filing that he is restricting her access to his funds when she doesn't give in to...

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Methods of Calculating Income in Family Law Cases divorce Jul 26, 2022

There are four widely recognized methods of calculating income in family law cases. These four methods have been developed for use by the Internal Revenue Service in calculating unreported income in tax cases, and are the primary ways a lifestyle analysis can be completed.

Specific Items Method
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