When Is Hiring An Expert Useful In A Divorce Case?
There are many aspects of the divorce process the people going through it never expect, and the use of experts is one of them. Experts are not involved with every divorce case but when they are, their knowledge, training, and experience is very useful. When an expert advises on your divorce case, they apply their knowledge in a specific field to the facts of your divorce case and provide their expert opinions. If your case is going to require the use of experts, below are a few of the most common types you may need.
Property Valuation Experts
A property valuation expert will do just that. They will value the property that is to be divided in a divorce. The property an expert may value includes:
- Real estate, such as the marital home
- Stamp collections
- Rare coins
A property valuation expert will apply their knowledge to any property you own, which is an important step. Valuing your property is the first step in the property division process.
A financial expert can advise on other types of property that may be divided as part of the divorce. These can include retirement accounts or the value of a business partnership or family business. Financial experts are also often used when stock options and a financial portfolio are a factor in property division. These experts will not only value the property but also advise on other factors, such as the penalties you may face if you withdraw from a retirement account early.
Unfortunately, sometimes someone becomes so eager to shield certain assets from the divorce process, they hide them. In these cases, forensic accountants are used to discover the hidden property and value it in the event it should be included as part of property division.
Vocational experts can advise on whether a spouse can return to the workforce and if so, under what conditions. For example, a spouse with a disability may not have worked during their marriage. However, if it is possible for them to perform lighter employment duties to help support themselves, a vocational expert may advise on that fact. Vocational experts are often used when decisions are being made about alimony.
Child Development Experts
Child development experts may include medical experts that can offer insights for couples that have children with special needs, psychologists and therapists that can advise on the impact of the divorce on the children, and more. These experts often speak with the child and other important people in the child’s life to advise on what is in the best interests of the child.
Our Divorce Lawyers in Orlando Can Advise on Experts Needed in Your Case
Not all divorces require the use of experts but when it is necessary, it is important to work with an Orlando divorce lawyer that has access to a comprehensive network. At Anderson & Ferrin, we understand what is needed in the divorce process, and we will help you through it so you recover the fair settlement you deserve. Call us today at 407-412-7041 or fill out our online form to schedule a free consultation and to learn more about how we can help.