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Photo of attorney William Marcus Wilkerson
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When it’s a good idea to work with a forensic accountant

On Behalf of | Jul 8, 2022 | Family Law |

Sometimes, divorce is the only option for married couples in Texas who can no longer work things out. With that in mind, certain factors can complicate a divorce. Fortunately, hiring a forensic accountant can help ensure that you don’t miss out on a large sum of money that should be yours. Considering that, here are a few situations when it could be beneficial to contact a forensic accountant.

You need a business valuation

In a Texas divorce, it’s not uncommon for one or both parties to be business owners. More often than not, this business will be a highly coveted asset. Fortunately, forensic accountants can professionally and fairly evaluate a business.

Your spouse is an investor

There have been many new investors popping up in the past few years. Whether your ex-spouse talked about stocks, cryptocurrency, or both, they could have assets they’re trying to hide from you. With that in mind, a forensic accountant can help ensure your ex-spouse has no hidden investments.

You suspect your ex-spouse of money laundering

Some people want a marriage to end because they suspect that their former spouses are taking part in illegal activities. It’s not unheard of for someone to try and commit money laundering as their divorce looms. By laundering money, a person or company conceals illegally obtained money by transferring it into a legitimate venture.

There are certain times when it’s wise to work with a forensic accountant. Hiring this kind of help isn’t going to be cheap. But having a forensic accountant on your side can be a smart move if you think that your estranged spouse isn’t playing by the rules.