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How Forensic CPA Can Help You During Your Divorce

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Did your spouse always handle the money? Do you own a family business? Are there investments, but you don’t know exactly what they are? What you don’t know about your assets could impact your divorce settlement.

In this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses why a forensic accountant should be part your divorce team in this three-part series.
Thomas Petrelli, Jr., Esquire
Divorce Attorney

It is not uncommon for a high-earning spouse to hide assets when preparing for a divorce.  These assets may include:

  • Cash
  • Traveler’s checks
  • Bonds
  • EE Savings bonds
  • Bearer municipal bonds
  • Mutual funds
  • Variable annuities
  • Insurance policies
  • Stocks

It is also not uncommon for a spouse to convert cash into personal property by buying art, jewelry, boats, vehicles or antiques. How do you find out about these hidden assets?

The divorce attorneys at Petrelli Previtera, LLC encourage all our high net worth clients to work with an experienced forensic accountant during the divorce process. The forensic C.P.A. will start by looking at your family’s tax returns for information about the family business, income, investments and real estates. If there are any sudden changes in income or discrepancies between the tax returns and your spouse’s report of assets, he will investigate further. He may evaluate the business to determine its true value or look for recent transfers of property. Money could be hidden in gifts to employees, family members and even children. Your forensic accountant will observe checking accounts, savings accounts credit cards, and money market for unusual activity.

A forensic accountant can be a valuable part of your divorce team. For help putting together the best possible divorce team, contact Petrelli Previtera, LLC at 866-465-5395.

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They are amazing! I highly recommend anyone that is in need of assistance with child support hearings to seek out the expertise and experience of this law firm and staff! They handled my case quickly and I feel that my money was put to good use. Much appreciated! Nothing less than five stars!

Alana Deverson

I just want to say GREAT JOB! She is a no nonsense professional with years of experience that qualifies her as a skilled Family Law attorney. She is seasoned, sensitive, and most of all she cares. She made things easy for me. Definitely recommend!

Kimberly Colby

Overall I was pleased with the results of my divorce case. The entire Petrelli Previtera, LLC team truly cares about their clients. Luckily for me, I was paired up with an amazing team helping all the way. If you happen to work with this firm and with the lawyers you’ll be in great hands. It was such an excellent service and it was beyond I expected.

A Family Law Client Chevy Chase , MD

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