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The role of experts in a high asset divorce

On Behalf of | Apr 6, 2022 | High-Asset Divorce |

It is not uncommon for a couple to amass significant assets over the years and decades of a marriage. When they decide to divorce, however, dividing these complex assets can quickly become a challenging undertaking. In all likelihood, the proceedings could require the clarification and testimony of numerous forensic experts.

Depending on several factors, the divorce process might look to a broad range of individuals providing expert testimony regarding numerous topics. These forensic experts might include:

  • Forensic accountants: These individuals can carefully examine the financial aspects of the divorcing couple. From loans and credit cards to retirement accounts, the forensic accountant can thoroughly investigate the couple’s financial assets.
  • Custody evaluators: Any divorce involving the best interests of children will often utilize the skill and insight of custody evaluators. These people are trained in child development and focus on evaluating the best interest of the children.
  • Real estate appraisers: When the divorcing couple has a matrimonial home, they must often discuss the reality of selling the home now, one spouse buying out the other or selling the home at a later date. A real estate appraiser can provide clarity to these discussions.
  • Business valuation: If a family business must go through the valuation process prior to a division in divorce, it is not uncommon for an expert to evaluate the organization to reach the proper value based on numerous methods and metrics.
  • Medical experts: In many situations, one spouse might claim medical challenges when attempting to influence the court’s determination of spousal support, visitation or child support. Often, a medical expert is called to provide a thorough analysis of the condition, prognosis, treatment plan and any potential future challenges.

While every divorce is unique, these types of forensic experts are common. Depending on the factors in your own marriage, these and other experts can provide clarity regarding the unique challenges specific to your situation.

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