Why You Need To Hire A Forensic Accountant While Taking Divorce?
Of course, most of you must be thinking that while taking a divorce where is the need of a forensic accountant? More often, when you give the legal notice of divorce to your spouse, it is possible that he/she may try to conceal his/her property and real income. The reasons may be - he/she wants to pay you less in alimony and other shares in the common property, or may be he deliberately wants to make you suffer financial loss, or possibly just want to humiliate you.
However, it is an immoral practice (i.e. concealing money from the respective partner) but people do it. This is such an issue that even your attorney cannot help you out because he/she would be unable to inquire about all the existing property of your partner; therefore, to get your rights you need to consult a forensic accountant. A forensic accountant is knowledgeable as well as experienced enough to find the all concealed property of your spouse. He is quite smart to unearth the facts that how much money your spouse earns and how much money he/she spends, how much property he/she possesses, and then he /she efficiently calculates your actual share. Likewise, a forensic accountant works with your attorney and ensures that your right would not be denied.
However, it is suggested to you that before consulting a forensic accountant, you consult a divorce attorney. Actually, the reason is – a forensic accountant cannot work by himself/herself. He works with your divorce attorney, so that they can coordinate each other. If both of them will work together then they can handle your case properly as well as they can also interpret the issue in your favor depending upon their findings. This is the case of a court therefore, only your divorce attorney can ensure your interest during divorce proceedings (especially in the court). So, do not forget to consult your attorney before hiring a forensic accountant.