In Texas divorce cases, especially those involving complex finances or high-value assets, a forensic accountant can be a crucial part of your legal strategy. These financial professionals help uncover hidden assets, evaluate businesses, and ensure that the division of property is both fair and legally sound.
At C.E. Borman & Associates, located in Bryan, Texas, we understand how important it is to protect your financial future during divorce, and we often collaborate with forensic accountants to do exactly that.
This blog explains when and why you might need a forensic accountant, what they do, and how they can strengthen your divorce case under Texas law.
What Does a Forensic Accountant Do in a Divorce Case?
A forensic accountant is a financial expert who investigates and analyzes financial records to uncover facts that can impact divorce proceedings. In Texas, where community property laws govern marital property division, this work can be especially important when:
- One spouse controls most of the finances
- A business is involved
- There’s concern about hidden assets
- Accurate income or asset valuation is needed
Common Tasks Performed by Forensic Accountants:
- Tracing marital vs. separate property
- Locating hidden accounts, transfers, or assets
- Valuing businesses or investments
- Analyzing tax returns and financial statements
- Uncovering fraudulent activity or dissipation of assets
In Brazos County, these services are frequently used in high-asset divorces, where one party may attempt to conceal wealth.
When Should You Involve a Forensic Accountant in a Divorce?
Your divorce lawyer may recommend involving a forensic accountant if:
- Your spouse owns a business or has complex investment portfolios
- You believe your spouse is hiding money or undervaluing assets
- There are large discrepancies in reported income or expenses
- One party had full financial control during the marriage
- Debts or spending don’t line up with known income
Forensic accountants are especially useful in contested divorces, where both sides present differing financial claims. Their reports can serve as crucial evidence during negotiations, mediation, or in court.
Community Property Laws in Texas: Why Transparency Matters
Under Texas law, most property acquired during the marriage is considered community property, meaning it belongs to both spouses equally. However, if one party hides or undervalues assets, the court can’t make a fair division.
Forensic accountants help ensure accurate and transparent financial disclosure, which is critical for a judge to divide marital property fairly. This becomes even more important in cases involving:
- Real estate holdings
- Retirement accounts or pensions
- Private businesses or professional practices
- Significant debt or tax obligations
Learn more about how courts divide assets on our page about property division in Texas.
How the Process Works: Collaborating With a Forensic Accountant
If you’re working with a divorce attorney in Brazos County, they may introduce a forensic accountant early in your case. The typical process involves:
- Initial consultation with your attorney to determine the complexity of your situation
- Hiring a forensic accountant to review key financial documents
- Collection of records including bank statements, tax returns, payroll, business ledgers, etc.
- Detailed analysis to trace income, identify hidden assets, and assess business or asset value
- Report preparation for mediation or court presentation
This collaborative process can provide leverage in negotiations and help ensure that you receive your fair share of the marital estate.
Forensic Accounting in High-Conflict or High-Net-Worth Divorces
Forensic accounting plays a key role in gray divorce cases or situations involving long-term marriages, multiple properties, or generational wealth. It can also be critical in divorces involving suspected financial misconduct, such as:
- Undisclosed credit card debt
- Funds transferred to third parties
- Unreported income from side businesses
- “Gifted” property or money sent to relatives
The earlier you involve a forensic accountant, the more time your legal team has to build a case supported by detailed financial evidence.
Do You Need a Forensic Accountant for Your Divorce Case in Texas?
Not every divorce needs forensic accounting. But if your financial situation is complex or you’re worried about financial dishonesty, it’s smart to talk with a local attorney who can evaluate your case and recommend the right tools.
At C.E. Borman & Associates, we’ve helped many clients protect their financial futures by partnering with forensic experts. Whether you’re dealing with a contentious high-asset split or want reassurance that nothing is being hidden, we’re here to help.
Contact the Divorce Attorneys at CE Borman & Associates Today
Going through a divorce is challenging enough—you shouldn’t also have to worry about hidden assets or unclear finances. If you think a forensic accountant could help your case, reach out to our team at C.E. Borman & Associates for guidance.
Contact us today at 979-200-4725 or visit our website to schedule a consultation with a divorce attorney in Bryan, Texas. We’ll help you understand your options and work toward a fair resolution.
