Matrimonial Accounting Overview

All matrimonial actions start with a common goal: identify the total "marital estate."

BARR CPA LLC is frequently retained to help attorneys and their clients carefully analyze various financial documents in connection with a matrimonial matter. In many instances our involvement begins right at the start of the discovery process. These services commonly include:

• Analyzing personal and business tax returns
• Reviewing bank statements and brokerage accounts
• Assisting in client interviews and depositions
• Tracing assets to determine or refute separate property      claims
• Searching for assets that may have been diverted or      dissipated in anticipation of divorce

Forensic investigations are often needed to determine other financial issues when a couple divorces. These commonly include:

• Determining income available for spousal maintenance      and child support
• Computing reasonable needs or living expenses
• Assist in the preparation of the Statement of Net Worth
• Valuation of business interests
• Enhanced earnings capacity calculations of degrees and      licenses

BARR CPA's in-depth analysis of the financial issues in matrimonial matters is an essential component of the attorney's discovery process.

Key Issues In Matrimonial & Divorce Matters

• Determine the components & values of the marital      estate.
• Analyze the income earned by the parties.
• Perform the required business valuation & forensic      accounting services in order to obtain full disclosure.