Category Archives: Divorce & High Asset Divorce
The benefits of having a forensic accountant in divorce
The trust eroded from your marriage so much so that divorce seems the most realistic option. That lack of trust has touched many facets of your marriage as you have long suspected your spouse of certain suspicious activities, including hiding assets. This is the time…
What is a contested divorce?
There are those who believe that a contested divorce means that the outcome is somehow in question. They view it as if the divorce may happen, but it may not, and it is up to the court to decide if the couple can actually end…
Don’t make these missteps during your divorce
There is so much to keep in mind during your divorce that it’s easy to make some hasty decisions here and there. Those decisions can be pretty consequential in terms of your finances, happiness and the kids’ future. You understandably want to get the divorce…
Should you accept lump-sum alimony in a high-asset divorce?
Alimony is usually a sore subject in high-asset divorces. Often, mistrust, anger and feelings of betrayal cause one or both spouses to fear getting the short end of the community property stick. Less wealthy spouses want to ensure they receive a fair amount of alimony…
Top 5 reasons why couples divorce
You want to believe that your marriage is invulnerable to divorce. But is it really? Certainly, there can be no guarantees that you can go the distance as a couple. But there are some indicators that your marriage could be in jeopardy. One Midwestern family…
Could your spouse be hiding assets?
When both parties have come to the realization that the relationship is over, things can start to take a turn for the worst. Often, both spouses begin to feel bitter, which can turn divorce into a competition. When a divorce becomes adversarial, one spouse may…
How to properly valuate your business in a divorce
The property settlement phase of your divorce is likely to be the second-most fraught and contentious part of the process (families with minor children report custody battles as the first). Connecticut is one of the majority of states that operate under equitable distribution rules when…
Is temporary alimony enough for you to move forward after divorce?
In Connecticut, there are three kinds of alimony. The first is pendent lite, which is temporary support awarded during the divorce process. The second type is permanent alimony, which is created at the end of the divorce proceedings. This may not actually be permanent but…
Should you offer your spouse a lump-sum alimony payment?
You want a divorce – and you fully anticipate paying at least some alimony to your spouse. Even though you weren’t married very long, you make significantly more than your spouse and you know that Connecticut’s alimony statute doesn’t set a minimum time on a…
3 tips for financial planning after a divorce
Typically, there are numerous contentious issues to settle throughout the divorce process. For example, ownership and property rights must be negotiated as well as any disputes over child custody. Frequently, contentious issues also have a financial element to them. Finances play a key role in…
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