Your pre-divorce and post-divorce lifestyle will typically look different. Understanding how you were accustomed to living (also known as your marital standard of living) and where you need to make adjustments in your post-divorce budget is important in setting you up for financial success moving forward.This can be facilitated with a lifestyle analysis.
A lifestyle analysis can also assist in the following:
- Determining need and ability to pay support
- Searching for hidden income and assets
- Analyzing disclosure documents for fraud
- Evaluating closely held businesses for personal expenses paid with company funds