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Asset Division

All articles tagged with #asset division

finance2 years ago

Navigating Divorce Finances: The Role of a Forensic Accountant

Forensic accountants are increasingly being hired in divorce cases to analyze assets, income, and spending patterns. These specialized accountants help uncover crucial financial information that can impact the division of marital assets. With the rise in late-life divorces and the ease of moving money online, more people are finding the cost of hiring a forensic accountant worthwhile. These professionals also play a significant role in fraud investigations, valuing business interests, tracking hidden assets, and dissecting financial frauds. The demand for forensic accountants is growing, with an 18% increase in certified fraud examiners since 2018.

via Forbes|
#asset-division#divorce#finance
divorce-law2 years ago

Divorce and the Division of a $1 Million Employer Payout: Am I Entitled to 50%?

In Florida, where the couple resides, assets are divided fairly but not always equally in a divorce. While there is a presumption of a 50/50 split, a judge could decide differently for the $1 million payout received by the wife upon retirement. However, the husband's lawyer would likely argue for a 50/50 split as the payout was earned during the marriage. Divorce filings tend to increase in January, and the husband should prepare for his net worth to be halved. He may also need to sell the home and downsize.

via MarketWatch|
#asset-division#community-property#divorce
divorce2 years ago

"Billionaire Investor Michael Fisch's Fiery NYC Divorce Hearing"

Billionaire investor Michael Fisch struggled to maintain composure during a heated divorce hearing with his estranged wife, Laura Roberson-Fisch. The couple, who were married for 33 years and share four children, are battling over the division of their assets, including three mansions valued at nearly $100 million. Tensions ran high as lawyers traded barbs and made explosive claims, with Fisch's attorney accusing Laura of stalking him and Laura's attorney alleging that Fisch was looting art from their home. The judge scolded Fisch for his outbursts and urged both sides to find common ground. The case continues on November 15.

via New York Post |
#asset-division#divorce#divorce-battle