How much is a forensic accountant for divorce?
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How much is a forensic accountant for divorce?
And a forensic accountant — who can identify and value assets — generally charges at least $5,000, says Thomas Reck, an accountant and partner at WithumSmith & Brown in Paramus, N.J. That’s why it’s important for those going through divorce to do a cost-benefit analysis.
What do forensic accountants do in divorce?
In general, the job of a forensic accountant is to provide additional, specialized support for the legal team as they navigate a divorce or custody dispute. The forensic accountant will help with determining each party’s income, the total value of their joint assets, and each party’s assets.
How much does it cost to hire a forensic accountant?
The cost of a forensic accountant can range from a few thousand dollars to over $20,000. It depends on the type of business being analysed or valued, the number of documents, the degree to which the documents are in an electronic form and many other factors.
What is an emotional divorce?
Emotional divorce is a psychological mechanism some spouses use when they feel the marriage has become a threat to their well-being. When you divorce yourself emotionally from your spouse, you have separated your emotions from the marriage.
