Divorce and Retirement Assets; What you need to know now

In my December, 2015 blog, I explored spousal divorce and more specifically some tax considerations in the division of the marital estate.  Today, I will discuss another tax consideration related to spousal divorce. One must be careful when withdrawing money from a qualified retirement plan or traditional IRA before the age of 59.5 due to
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Tax Considerations in the Division of Marital Estate

In April, 2015 blog, I listed some areas where a forensic accountant might be hired in spousal divorce.  Today, I will explore another of those areas: tax considerations in the division of the marital estate. Before assets on a marital balance sheet are divided, one must consider that $100 of one asset may carry with
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Separate Property in Spousal Divorce

In my April blog, I listed some of the many reasons a forensic accountant might be hired in spousal divorce, and then in June, I wrote broadly about analyzing income and determining cash flow as a step in determining whether support is appropriate.  Following this same pattern, today I will offer basics regarding a forensic
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Analyzing Income or Cash Flow in Spousal Divorce

In my previous blog, posted in April, I discussed who hires a forensic accountant in spousal divorce and offered broad categories of what the forensic accountant might be hired to do: analyze income or cash flow, trace separate property, uncover and quantify previously undisclosed assets, summarize money spent on extramarital affair(s), or analyze tax consequences
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Forensic Accountants Role in Spousal Divorce

In my most recent blog, posted March 30, 2015, I wrote generally about how forensic analysis is a powerful tool for providing insight into complex personal or business financial situations.  By clarifying and summarizing historical financial events, a forensic accountant’s work affords a person knowledge leading to strength of position and peace of mind. One
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When Do I Need a Forensic Accountant?

In my November 7, 2014 blog, I wrote broadly about the role of a forensic accountant in analyzing, clarifying, and summarizing complex financial situations.  As a reminder, forensic accountants are frequently contracted as experts in litigation or as financial consultants in contentious circumstances, namely spousal divorces or business transactions. In many instances, personal and small
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Why Do I Need a Forensic Accountant?

Disentangling finances is frequently difficult, whether it is between: spouses (in divorce) or business partners (in disputes) Forensic accountants are in the business of identifying the problem, digging through the details, and clarifying the issues, thereby reducing the stress for all parties.  If need be, a forensic accountant can succinctly present evidence in court to
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