Lifestyle Analysis in Divorce w/ Forensic Accountant Tracy Coenen
What Is a Lifestyle Analysis? What Are the Relevant Time Frames That You Observe When Performing a Lifestyle Analysis? Can You Tell Us a Bit About Lifestyle Analysis in Divorce? Impact of the Lifestyle Analysis on Depositions & Mediation. Average Cost of a Lifestyle Analysis.
Miles Mason, Sr. JD, CPA is joined by Tracy Coenen, CPA, CFF, MAFF to explain the basics of lifestyle analysis in divorce before walking through the lifestyle analysis process & breaking down the scenarios in which hiring a forensic accountant would be helpful.
Lifestyle Analysis in Divorce Cases: Investigating Spending and Finding Hidden Income and Assets, Second Edition by Tracy Coenen, CPA, CFF, MAFF. Lifestyle Analysis in Divorce Cases walks through the critical documents used in the lifestyle analysis, as well as the process used to complete a thorough and accurate analysis. The book discusses in detail the information that can be gleaned from tax returns, financial statements, bank statements, and other financial documents. The lifestyle analysis is then used to determine the standard of living for all parties, which will influence important support calculations and may affect property division. Additionally, a lifestyle analysis can uncover hidden sources of income and be used to evaluate the finances of each party in a prenuptial agreement.
Tracy L. Coenen, CPA, CFF, MAFF performs the vast majority of the investigative work on the company’s cases. She has over two decades of experience in accounting and investigations, and has personally investigated more than 500 frauds in a wide variety of industries. Tracy’s passion lies in helping those who feel powerless in their financial situation. By following her carefully laid out steps, people in the process of divorce go from uninformed and overwhelmed to feeling in control of their finances.
View more of our interview with Tracy:
- Divorce Money Guide Helps Find Financial Fraud in Your Marriage
- Meet the Forensic Accountant: Tracy Coenen CPA, CFF, MAFF