KW Economics prepares financial analyses for divorce and marital dissolution matters venued in West Virginia: 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.
West Virginia trial judges act as gatekeepers for expert testimony in civil cases and ask whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts. A damages report meets that inquiry by stating its assumptions and naming the data behind each one.
Highest court: Supreme Court of Appeals of West Virginia. Federal venues: N.D.W. Va., S.D.W. Va. Court system: courtswv.gov.
Whether West Virginia 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 West Virginia; the governing framework in West Virginia decides how each finding is applied.
Divorce and Marital Dissolution cases venued in West Virginia are heard in the Family Court (Domestic relations matters in each county) and the Circuit Court (General jurisdiction; one in each of 55 counties; all civil and criminal matters). Final appeals run to the Supreme Court of Appeals of West Virginia. Matters within federal jurisdiction proceed in the United States District Courts for the Northern District of West Virginia and Southern District of West Virginia.
Whether West Virginia 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. West Virginia trial judges act as gatekeepers for expert testimony in civil cases and ask whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts. A damages report meets that inquiry by stating its assumptions and naming the data behind each one.
Request a consultation on divorce and marital dissolution cases in West Virginia or call (201) 343-0700. Plaintiff and defense counsel.