As a practicing divorce attorney, you frequently draft property settlement agreements for your clients and your CFL Designation for Divorce Practitioners gives you the advanced financial knowledge to do so fully and competently. Oftentimes these PSAs include equitable division of the couple’s retirement accounts, whether or not either spouse is yet of the age to…
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Recently, we discussed when and how to add a forensic accountant to your family law team. If you already have your CFL Designation for Divorce Practitioners, you have a good idea of the numerous documents your forensic accountant will need as quickly as possible so as to be able to get right to work on…
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One type of post-divorce litigation you likely often handle as a family law attorney is when an ex-spouse attempts to lower his or her spousal support payments by means of a petition for modification of the divorce decree. While your CFL Designation for Divorce Practitioners gives you the requisite financial knowledge to value your clients’…
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Even though your CFL Designation for Divorce Practitioners gives you the requisite financial knowledge to competently and advantageously draft your clients’ property settlement agreements, your knowledge alone is insufficient if your client refuses to take his or case seriously and follow your advice. Such apparently is what happened in Barnhart v. Barnhart, a case ultimately…
DetailsOne of the most contentious situations you face as a family law practitioner is when one of your high-asset divorce clients likely will have to pay alimony or one of your less financially advantaged clients likely will require alimony. Alimony negotiations tend to be some of the most argumentative and acrimonious divorce conflicts, and while…
DetailsAs a family law practitioner, one of the things you often counsel your clients about is their likelihood of prevailing in an attempt to modify their existing divorce decree, child support order, property settlement agreement, etc. Almost invariably, their basis for wanting to modify a previously entered court order is their desire to obtain additional…
DetailsAs a family law practitioner, you likely have seen an upswing in pre-nuptial agreements in recent years, particularly among your high-asset clients. Many such couples desire to agree on financial rules and boundaries prior to their marriage in the event of a future divorce. Your CFL Designation for Divorce Practitioners gives you the requisite financial…
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Last week we began discussing how you should go about cross-examining your opponent’s financial expert in the divorce case you are litigating. This week we examine your strategy choices and your methodology under each. Remember that at trial you will be telling a story to the judge and/or jury about how your client’s spouse is…
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Over the past two weeks we discussed when to add a forensic accountant to your family law team and how to effectively work with him or her once (s)he is on board. This week we shift the focus from your side of the divorce case to that of your opponent. More specifically, how to bring…
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If accountants and CPAs are the seeing-eye dogs and guard dogs of the financial world, forensic accountants are the bloodhounds. Forensic accounting is a specialty practice area that combines the investigative skills unique to law enforcement with the analytic skills unique to accounting. Forensic accountants look beyond the numbers and deal with the reality of…
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