KW Economics prepares financial analyses for divorce and marital dissolution matters venued in South Carolina: income available for support, the value of business interests in the marital estate, and the tracing of separate and marital funds, each presented so that either spouse or the court can examine the figures.
A divorce or marital dissolution matter asks what income each spouse has available for support, what the marital assets, including any business interest, are worth for the division of the estate, and which assets are separate rather than marital. Each is answered from the business books, tax returns, and account histories rather than from the tax return alone. Read the full divorce and marital dissolution analysis guide.
South Carolina courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable basis, and whether it will assist the fact finder, under a reliability inquiry of the state's own that does not adopt the federal test. An economic damages report meets that inquiry by showing the published basis for each assumption and its application to the record.
Highest court: Supreme Court of South Carolina. Federal venues: D.S.C. Court system: sccourts.org.
Whether South Carolina divides marital property equitably or as community property, which valuation date applies, how income available for support is defined, and how the goodwill of a professional practice is treated are questions of law that counsel confirms; the report presents each finding so it can be applied under either party's position.
The same four steps apply to a divorce and marital dissolution matter venued in South Carolina; the governing framework in South Carolina decides how each finding is applied.
Divorce and Marital Dissolution cases venued in South Carolina are heard in the Family Court (All domestic relations, juvenile, and adoption matters) and the Circuit Court (General jurisdiction; larger civil cases, felonies; two divisions, Common Pleas for civil and General Sessions for criminal matters). Final appeals run to the Supreme Court of South Carolina. Matters within federal jurisdiction proceed in the United States District Court for the District of South Carolina.
Whether South Carolina divides marital property equitably or as community property, which valuation date applies, how income available for support is defined, and how the goodwill of a professional practice is treated are questions of law that counsel confirms; the report presents each finding so it can be applied under either party's position. South Carolina courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable basis, and whether it will assist the fact finder, under a reliability inquiry of the state's own that does not adopt the federal test. An economic damages report meets that inquiry by showing the published basis for each assumption and its application to the record.
Request a consultation on divorce and marital dissolution cases in South Carolina or call (201) 343-0700. Plaintiff and defense counsel.