Hiring a forensic accountant for divorce in Phoenix, AZ, is wise if you suspect your spouse has hidden assets to prevent you from getting your share. A forensic accountant can uncover any financial information that may have been intentionally hidden or overlooked. You may want to consider hiring one if:
You Are Unable to Locate Bank Accounts
If you are unable to locate bank accounts, a forensic accountant may be able to help. There are several ways that money can be hidden from the court, including the following:
- Impersonating someone else
- Using a fake name for the account holder
- Opening an account using a fake ID or another person’s ID
- Transferring money into and out of the account in small amounts over time
Your Spouse Is Self-Employed
If your spouse is self-employed or owns a business, the details of their finances may be challenging to get. If they’re uncomfortable being open and honest with you about their financial situation, they are likely hiding something. In this case, hiring a forensic accountant will help uncover potential business or personal financial problems.
You Suspect Your Spouse Is Hiding Assets
You suspect your spouse is hiding assets, such as real estate, jewelry, art, antiques, and collections. These items can be challenging to find or verify. The best way to determine the value of these assets is by using a forensic accountant for divorce in Phoenix, AZ.
Your Spouse Has Gambling or Addiction Issues
If you suspect your spouse has a gambling problem, it is crucial to hire a forensic accountant. A history of gambling can lead to many financial problems, which may cause your spouse to become depressed. They may lose their job due to missed work hours, lose money at the casino, or simply be unable to pay bills if they have maxed out their credit cards.
If you found this information helpful and would like to explore more, please visit Bridge Divorce Strategies.
