When you are getting a divorce in Ohio, it is important to have a clear understanding of your financial situation. If you have not been handling the money or if you are not aware of every account you and your spouse have, then you may need some assistance. Financial experts, called forensic accountants, can suss out financial information you may not have been aware of. According to Forbes, the use of forensic accountants is very common in high asset divorce situations.
These accountants are well-versed at finding hidden assets or following trails to see where money is going. In addition, the accountant can help you to determine the value of assets, especially difficult to assess assets, such as retirement accounts and life insurance plans. The accountant also will be able to determine your spouse’s income, uncovering anything he or she may be trying to hide or revealing sources you may not have known about.
Using an accountant can allow you to tap into a financial expertise. The skills and knowledge of this specialist go beyond the normal abilities of accountants or other professionals to include the ability to get to the bottom of even the trickiest financial situaiton. If you feel you have an issue where assets or income is being hidden, it is your right to uncover it and get to the truth. When you divide your marital assets, you deserve to get your portion of all of them, which a forensic accountant can assist you with. This information is only intended to educate and should not be interpreted as legal advice.