Welcome to The Brutal Reality of Divorce podcast! I’m your host, Jennifer McCaskill, Esq. and Family Law Mediator, and I’m here to help you navigate your toughest family law challenges. Whether you’re looking for mediation, child support, child custody, division of assets, post-judgment matters, or just wondering if divorce is the right option for you, I’m here to help you learn all the ins and outs of the divorce process.
In this inaugural episode, I’m joined by my friend Kevin Baldwin, a forensic accountant I have used on many cases. Listen in as Kevin clears up some common misconceptions and shares key tips for preparing and dealing with finances in a divorce situation. You’ll learn why forensic accounting plays such an important role in the divorce process and get an inside perspective on what forensic accountants look for in certain situations so you can be as prepared as possible.
Listen To The Episode Here:
What You’ll Learn Today:
- Why forensic accounting is necessary.
- What a forensic accountant looks for during a divorce.
- Deductions and where people get in trouble.
- The many different businesses that Kevin has worked with.
- What to do when there are more complicated components to account for.
- Red flags that show that there’s a need to look further.
Ideas Worth Sharing:
When you go to get divorced, your spouse’s business MAY be considered an asset that is subject to division under New Jersey law. – @the_mccaskill Click To Tweet There are deductions that people take that they think are business-related but may actually not be business-related. – Kevin Baldwin Click To Tweet Someone like me can take tax documents, pay stubs, and convert it into what a true economic viewpoint would be so we could divide those assets or income in a fair way. – Kevin Baldwin Click To TweetResources From This Episode:
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