The search for hidden income in divorce valuation

Description

Abstract: Divorcing spouses frequently engage valuation experts to help divide their assets, particularly when the marital estate includes a private business interest. Emotions run high in divorce, and missing income is sometimes a problem. Such a charge may be baseless, but to determine whether a claim that a business is hiding income is justified or without merit, valuation and forensic accounting expertise can be key. This article lists some techniques financial experts may use to unearth buried cash and estimate how much an owner may not be reporting. The article points out that, in divorce valuations, family court judges seem to prefer independent appraisal expertise and analysis.