Marcum’s Nicholas Fecci explores the power of lifestyle analysis for equitable divorce for AAML New Jersey Chapter
AAML New Jersey Chapter
By Nicholas Fecci, Supervisor, Business Valuation, Forensic & Litigation Services
Excerpt:
The marital lifestyle or the standard of living experienced when a couple resides together during marriage can be a crucial element in divorce proceedings. Financially, how did the couple live while they were married? What amount and type of income supports this lifestyle? How much alimony/child support should be awarded to sustain this lifestyle? These questions can be answered by engaging a forensic accountant to perform a lifestyle analysis.