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When Should a Forensic Accountant Be Consulted in a New Jersey Divorce?

When you’ve decided to end your marriage, an experienced family lawyer can guide you through each step of the New Jersey legal dissolution process. Depending on the circumstances of your case, there might be other professionals who can help you protect your rights and interests. Divorces involving significant assets or complex income streams often benefit from a forensic accountant’s analysis. These experts don’t just “find money,” they translate financial records into clear, credible evidence that informs settlement and trial strategy.

Some of the numerous ways in which a forensic accountant can assist spouses going through a divorce include the following: 

  • Locating concealed assets — The rise of global finance and digital currency means that there are more ways than ever for a spouse to hide assets in order to gain a more favorable division of marital property. A skillful accountant can utilize technology and financial records to pinpoint unusual transfers, undisclosed “loans” to friends or businesses entities, cryptocurrency activity and unexplained cash withdrawals.

  • Assessing value of businesses and complex investments — Business ownership shares, equity awards, stock options and deferred compensation can be difficult to value. Without accurate information, a divorcing spouse might unknowingly agree to unfair terms related to property division, alimony or child support. 

  • Tracing separate and marital property — Assets that one spouse owns prior to being wed generally stay with them if the marriage ends in divorce. The same is true for individual inheritances and gifts received during the marriage. However, when separate property is commingled with the marital estate (such as when funds from an inheritance are deposited in a joint bank account), it usually is included within the divisible assets. A tracing analysis can prove (or refute) separate property claims. 

  • Determining spouses’ income — Tax returns often don’t tell the whole story when it comes to how much a husband or wife actually earns. Forensic accountants analyze cash flow, add backs (personal expenses paid through a business) and non-cash items to develop a comprehensive assessment of how much a party makes. 

In some divorces, a forensic accountant can contribute to a favorable decision or settlement by providing a well-supported analysis of complex financial issues. 

Rehrer & Rehrer Attorneys at Law in Toms River works with forensic accountants and other professionals when appropriate to increase the likelihood of a favorable result for our New Jersey family law clients. For an appointment, please call 732-279-0044 or contact us online. New clients can receive a free consultation. 

When you’ve decided to end your marriage, an experienced family lawyer can guide you through each step of the New Jersey legal dissolution process. Depending on the circumstances of your case, there might be other professionals who can help you protect your rights and interests. Divorces involving significant assets or complex income streams often benefit from a forensic accountant’s analysis. These experts don’t just “find money,” they translate financial records into clear, credible evidence that informs settlement and trial strategy.

Some of the numerous ways in which a forensic accountant can assist spouses going through a divorce include the following: 

  • Locating concealed assets — The rise of global finance and digital currency means that there are more ways than ever for a spouse to hide assets in order to gain a more favorable division of marital property. A skillful accountant can utilize technology and financial records to pinpoint unusual transfers, undisclosed “loans” to friends or businesses entities, cryptocurrency activity and unexplained cash withdrawals.

  • Assessing value of businesses and complex investments — Business ownership shares, equity awards, stock options and deferred compensation can be difficult to value. Without accurate information, a divorcing spouse might unknowingly agree to unfair terms related to property division, alimony or child support. 

  • Tracing separate and marital property — Assets that one spouse owns prior to being wed generally stay with them if the marriage ends in divorce. The same is true for individual inheritances and gifts received during the marriage. However, when separate property is commingled with the marital estate (such as when funds from an inheritance are deposited in a joint bank account), it usually is included within the divisible assets. A tracing analysis can prove (or refute) separate property claims. 

  • Determining spouses’ income — Tax returns often don’t tell the whole story when it comes to how much a husband or wife actually earns. Forensic accountants analyze cash flow, add backs (personal expenses paid through a business) and non-cash items to develop a comprehensive assessment of how much a party makes. 

In some divorces, a forensic accountant can contribute to a favorable decision or settlement by providing a well-supported analysis of complex financial issues. 

Rehrer & Rehrer Attorneys at Law in Toms River works with forensic accountants and other professionals when appropriate to increase the likelihood of a favorable result for our New Jersey family law clients. For an appointment, please call 732-279-0044 or contact us online. New clients can receive a free consultation. 

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Rehrer & Rehrer Attorneys at Law

Address

512 Main Street,
Toms River, New Jersey

Phone

732-279-0044