Divorce and Marital Financial Analysis

From the business's books, bank records, and tax returns together rather than the return alone. The analysis identifies salary, distributions, personal expenses paid through the business, and cash flow retained in the business, and states the income available for support with each element shown so the other side can test it.

A reconstruction of the marital standard of living from actual spending: bank and credit card statements, mortgage and rent, tuition, travel, and the other categories of household expenditure over a period counsel identifies. The result documents what the household spent and on what, which bears on support and on whether the reported income is consistent with the spending.

Often, when the account statements are available. The separate contribution is followed from its source through each account and transaction to its current holding, and each step is documented. Where the records run out, the report states the point at which tracing stopped rather than assuming a result.

Yes, and it is usually efficient to do so because both analyses rest on the same normalized financial statements. The report presents the valuation and the income determination as separate sections so each can be examined and used on its own, and it can be prepared for one spouse, for both, or for the court.

The economist measures the income the records show: pay, business cash flow, and perquisites paid through a business. What a spouse who is not working, or is working below prior earnings, could reasonably earn is a question of employability and attainable occupations, a vocational discipline. The affiliated vocational practice prepares that opinion under its own engagement, and the economist applies it to the support calculation together with published wage data, so the two reports reconcile.