Discovery for the financial portion of the family law case can be time-consuming, particularly for cases involving high net worth spouses. There may be many accounts with a high volume of transactions, creating dozens of boxes of financial documents. Unfortunately, this process is a necessary part of family law cases, particularly if there are multiple sources of income, if the totality of the family’s assets is unknown, or if a number of the red flags discussed in Chapter 4 are present.
After the number crunching is complete, the results have to be assembled into a report that the attorneys and the court can understand. The expert must assume that the readers of the report have no accounting or financial background. The report must be easy to understand, with exhibits and attachments that support the opinions set forth in the report.