San Diego Divorce Attorneys Blog
The Role of a Forensic Accountant in Property Division
If you’ve ever heard the term forensic accountant, you may or may not understand exactly what their job responsibilities are. While they do not solve murders by poring over their clients’ bank records, their job is important in uncovering financial crimes or discovering hidden records and transactions. Forensic accountants use their auditing, accounting, and investigative skills to discover things within financial records that just don’t seem right.
In corporate law, forensic accountants are used to find embezzlement, fraud, and other white color crimes. They prepare detailed reports of their findings for use in investigations, litigation, testimony, and as evidence. Forensic accountants in family law, however, play a slightly different role. Family law attorneys typically bring in forensic accountants in high-asset divorce cases when one spouse suspects the other may be hiding assets.
Many people don’t realize that the attorney/client privilege applies to all attorney/client relationships, even those existing within family law. For instance, when a spouse hires a divorce attorney, they should feel comfortable disclosing the full truth to their attorney without fear that it will be divulged to other parties, even to their spouse’s opposing legal team.
One of the important steps in finalizing a divorce is determining how to divide property between the two spouses. In some cases, the division of property can be simple and straightforward. However, it’s possible for complications to arise. It can be helpful to understand the top five ways to protect your assets during a divorce in California to avoid these situations.
After you finalize a divorce, the hope is that you won’t have to deal with issues with your ex-spouse any longer. Unfortunately, divorce isn’t always the end for some people. This can be especially true when children are involved. If you were married with minor children, it’s likely that child custody came up as a term of the divorce. If you’re struggling with the terms of your child custody outcome, here are several tips for navigating disputes in California.
You’ve been served divorce papers, and you’re not sure what to do next. Navigating a divorce can be stressful and confusing due to the emotional implications of the process alone. Moreover, every divorce is different, so it can be difficult to know what to expect out of the process. Depending on the unique facets of your marriage, divorce settlements can involve any number of terms and conditions.
After you finalize a divorce, you want to believe that it’s the end of overcoming challenges with your ex-spouse. Unfortunately, this isn’t always the case, especially if children are involved. If your ex-spouse is not following the terms of your divorce, contact a California family law attorney. A trusted family lawyer can help you figure out how to proceed with certain situations, such as what to do if your ex-spouse is not paying spousal support in California.
Dissolving a marriage or domestic partnership can be stressful and challenging, no matter the circumstances. There are three ways to legally end your marriage or domestic partnership in California. Depending on your situation, one may work better than the others, which is why it’s important to understand your options.
Divorce can be a tense and painful affair, especially when it’s a high-stakes divorce with disputes over property, child custody, or child support. Mediation can be a solution to litigation, but in California, it’s about getting along and being open. Mediators help divorcing couples reach an agreement that is right for both of them, and the mediation process saves both time and money.
In California, divorce proceedings can have significant impacts on family-owned businesses. The state’s community property laws dictate that marital property be divided equitably between both spouses. If both parties cannot agree to the division of a family business, the courts may get involved and order that the business be liquidated.
If you are looking towards divorce, you may wonder what the differences are between mediation and litigation and which option is likely to be more effective in your case. While there are nuances that influence which choice is recommended for your situation, the first step is understanding each option. It is vital that before you take legal action, you get qualified support and advice so that you can move confidently forward with your decisions.