January reigns supreme on the Gregorian calendar for, upsettingly, being the month of the year with the most divorces being filed.
With the post-New Year blues comes Black Monday – the first Monday in January on which everyone returns to work. It is also the busiest day of the year for marriage counselling and divorce enquires, according to marriage guidance service Relate; this sets the tone for the rest of the month, which historically has proven a troublesome period for married couples.
This notable rise in splits at the start of the year leads to a rise in divorce investigations, in which forensic accounting firms can provide a valuable service to settle the nitty gritty politics associated with a separation.
Research from scientists at the University of Arizona shows that divorce proceedings can result in the husband or wife losing more than 10 hours of sleep per week as well as suffering from higher blood pressure. This is a result of the inevitable emotional strain and the additional concerns, namely legal arguments over how to fairly split assets.
This is where Frenkels Forensics comes in; by completing a full divorce investigation into all the assets held by a married couple, both together and as individuals, the experienced forensic accountants can conduct exact valuations into what should be given to each party. This carefully calculated and highly refined approach will help alleviate some of the stresses and strains of divorce and allow negotiations to flow much more smoothly.
By checking for hidden, undisclosed assets and then doing a thorough assessment of any joint business ventures or investments, this will ensure a fair price is received by both parties.
For expert financial help in settling a divorce contact Frenkels Forensics for an independent appraisal.