In divorce or family law matters where emotions can run high, facts matter. When it comes to income, assets and business interests it is critical that forensic evaluations of commercial entities are carefully and sensitively conducted. We can work with you, together with experienced valuation professionals, to help parties in dispute, to effectively conclude an appropriate settlement.
1. Initial Consultation: Engage with attorneys to understand the specifics of the commercial entity and the issues at hand.
2. Gathering Information: Collect all financial records, bank statements, and legal documents related to the commercial entity.
3. Expert Analysis: Forensic accountants and other financial experts are involved to evaluate the business’s financial standing.
4. Report: A comprehensive report is drafted, which will outline the entity's financial health and potential issues.
5. Settlement or Court Presentation: The report is used during negotiations or court proceedings to ensure a fair and just resolution.
Forensic evaluations provide a detailed, objective view of a business’s financial standing, which is crucial in resolving disputes.
Financial records, tax returns, asset lists, and bank statements are typically required for a thorough forensic evaluation.
Yes, the findings can be challenged in court if either party disagrees with the conclusions of the report.