KW Economics prepares financial analyses for divorce and marital dissolution matters venued in U.S. Virgin Islands: 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.
The Virgin Islands rules of evidence follow the federal model for expert testimony: the court asks whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. A damages report meets that inquiry by stating each assumption and its source.
Highest court: Supreme Court of the Virgin Islands. Federal venues: D.V.I.
Whether U.S. Virgin Islands 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 U.S. Virgin Islands; the governing framework in U.S. Virgin Islands decides how each finding is applied.
Divorce and Marital Dissolution cases venued in U.S. Virgin Islands are heard in the Superior Court of the Virgin Islands (General jurisdiction trial court for local civil and criminal matters). Final appeals run to the Supreme Court of the Virgin Islands. Matters within federal jurisdiction proceed in the United States District Court for the District Court of the Virgin Islands.
Whether U.S. Virgin Islands 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 Virgin Islands rules of evidence follow the federal model for expert testimony: the court asks whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. A damages report meets that inquiry by stating each assumption and its source.
Request a consultation on divorce and marital dissolution cases in U.S. Virgin Islands or call (201) 343-0700. Plaintiff and defense counsel.