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Getting the numbers right

Accountancy firm, Carter Backer Winter, explores some of the finer details required to secure the best divorce settlement for your client

17 March 2015

The reality is that in divorce cases, expert accountants are not popular with clients, lawyers or even the judge. The perception is one of unnecessary additional expense, potential delay and yet another witness that may have to be heard in an already stretched timetable. Ask an accountant what two plus two is and they'll answer: "What do you want it to be?". This anecdote sums up what many in the legal fraternity think of us.

However in an economy where going into business has been encouraged for many years, complex investment vehicles have never been more readily available. It is more likely than ever before that an accountant can help your client and the court implement a workable financial solution.

In most cases that we deal with we, are instructed as a single joint expert. For larger and complex cases, this may mean that 'shadow experts' are engaged by each party, but courts seem to like the single joint approach.We are usually n...

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