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With cases often involving complex financial matters, a financial expert or forensic accountant can play an integral part in a divorce case. One of the most important tools they can use is a lifestyle analysis, a component being employed in an increasing number of divorces. As described in Lifestyle Analysis in Divorce Cases, this analysis is the process of tabulating and analyzing the income and expenses of the parties, and to confirm or refute income claims made by the spouse. A lifestyle analysis is then used to determine the standard of living of the parties, which will influence important support calculations and often property division, and help form the basis for calculating the level of support necessary for the spouse to maintain a similar lifestyle after divorce. Additionally, lifestyle analysis can uncover hidden sources of income and be used to evaluate the finances of each party in a prenuptial agreement.
Author Tracy Coenen discusses these subjects in a manner
