Many people hear the term “fiduciary duty” and think it only applies to business relationships. In fact, divorcing spouses owe a fiduciary duty to each other. This means they must deal with each other fairly in the division of their assets, even when the assets include cryptocurrency. The Meaning of “Fiduciary Duty” in a Divorce The…
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Not all marital dissolution cases require the services of a Forensic Accountant. However, many of the more complicated cases in this ever complex and changing area of law do. Some of the reasons to retain a Forensic Accountant are as follows: • When unreported or underreported…
The differences in allocation of costs in a traditional litigated divorce versus a collaborative law case. Many individuals are concerned about fees when hiring a collaborative team versus an attorney for a divorce case. It appears expensive to the public to be retaining up to Six members of a collaborative team (Two attorneys, One financial…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Greg and Jodie Mohler were married on September 12, 1998, and separated on July 2, 2011. Petitioner (Jodie) filed a Petition of Dissolution on January 25, 2012. Greg filed his response on April 9, 2012. Their trial did not take place until November 15,…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Charles Brandes founded BIP in 1974 to provide investment advisory services for fees based on the percentage of the company’s clients’ assets under management. When Charles and Linda met in 1983, BIP managed assets of $8.2 million. His annual income was $44,148. Linda agreed…
Mel B, former Spice Girl, (lower right) celebrates the end of her lengthy dissolution court battle (pictured here with her team, which included Ron) Ron assisted former Spice Girl (Scary Spice) Melanie Brown aka Mel B with the financial, valuation, tracing and tax issues related to her dissolution of marriage from Stephen Belafonte. His tasks…