Trying to get complete financial information from an uncooperative opposing party can be frustrating. In order to reach a fair and equitable divorce agreement, both parties need to exchange and provide full disclosure of all their income, assets, expenses and liabilities. If one or both parties are self employed and are facing a divorce, there are specific and unique considerations that must be addressed in order to ensure that your legal and financial rights remain protected.
An experienced and skilled attorney will hire a CPA to obtain a valuation of the business. Often, a forensic accountant will be necessary to distinguish the stream of income that generates from that same business. What portion of that business should be divided as an asset and what portion of that asset will be treated for support purposes will need to be determined.
Contact an experienced Family Law Attorney to insure your legal and financial rights are protected. To schedule a consultation, call the Law Offices of Lisa A. Ruggieri to discuss your options, provide guidance and ensure your rights remain protected.