Divorce Settlement & Litigation
Clarity and Fairness in Divorce Proceedings
Dividing property and debts during divorce is often one of the most complex and emotional aspects of the process. While many couples reach an agreement on their own—sometimes with the assistance of a mediator—others rely on the courts to determine a fair division under state law.
How Property & Debts Are Divided
Courts follow two primary frameworks when dividing marital property and debts:
Community Property States
In states such as California, Texas, Arizona, and others, most property acquired during marriage is considered community property and is divided equally between spouses. Separate property, such as assets owned before marriage or received through inheritance, generally remains with the original owner.
Equitable Distribution States
In all other states, courts divide marital assets and debts in a way that is equitable, or fair, though not always strictly equal. Judges may also consider separate property when necessary to ensure a fair outcome.
Importantly, division of property is not always a literal split of assets. Instead, courts may assign each spouse a percentage of the total marital estate, with assets and debts distributed accordingly. Attempting to conceal assets during this process is illegal and can carry serious consequences.
Our Role in Marital Property Settlements
At Michael A. Ross, CPA, P.C., we bring clarity to the financial aspects of divorce by:
01.
Analyzing marital and separate property
02.
Identifying hidden or misclassified assets
03.
Valuing property, businesses, and investments
04.
Assisting attorneys and mediators with clear financial evidence
05.
Providing testimony when required
Trusted Experience in Orange County & Dallas
At Michael A. Ross, CPA, P.C., we strive to deliver reasoned, objective advice so clients can move forward with clarity and peace of mind. With offices in Orange County, CA and Dallas, TX, we are ready to support you with professionalism and discretion.
Beyond Divorce Accounting
- Forensic accounting and fraud examination
- Business valuations and damages assessments
- Litigation support and dispute resolution
Objective Guidance During a Difficult Time
Our role is to take the financial uncertainty out of divorce so you can make informed decisions with confidence. By carefully evaluating financial records, we help ensure that the division of property and assets is equitable and transparent.
How We Help
With decades of experience in forensic accounting and financial analysis, we work with individuals, attorneys, and businesses to:
- Identify and locate assets that may be overlooked or hidden
- Analyze and value marital property, businesses, and investments
- Provide objective financial insights to support equitable settlements
- Deliver witness testimony when needed in litigation
Protect Your Financial Future
Divorce settlements can have lasting financial implications. With decades of experience in forensic accounting and matrimonial cases, we ensure that property division is handled with accuracy, transparency, and fairness.