According to Google.com, forensic accounting is defined as the use accounting skills to investigate fraud or embezzlement and to analyze financial information (my emphasis) for use in legal proceedings.  At Red Gate Solutions, forensic and financial accounting skills are utilized to assist clients make prudent financial choices while going through family transitions as well as in legal proceedings.

Because every situation is unique, it is important to work with professionals that possess a wide range of experience and credentials that attest to their knowledge.  Red Gate Solutions provides well-credentialed and experienced professional help.  Services offered include:

  • Divorce and Separation Support
    • Preparation of Financial Affidavit
    • Research of undisclosed assets
    • Valuation of retirement and pension plan assets
    • Analysis of impact related to transfer of assets
    • Review of business valuation
    • Child support calculations, including future educational needs
    • Calculations of marital versus personal asset values
    • Tax impact of settlement decisions
    • Long and short term cash flow planning related to settlement decisions
    • Evaluation of insurance coverage and needs
    • Provide client’s attorneys with analysis and documentation regarding settlement options
    • Assist with family budgets under new living arrangements
    • Prepare graphical presentations to be entered into evidence in support of financial settlement
    • Provide Certified Divorce Financial Analyst as expert witness regarding financial aspects of proceedings
  • Elder Care Support
    • Review and analysis of assets
    • Valuation of retirement and pension plan assets
    • Consultation on impact of asset transfers
    • Evaluation of insurance coverage and needs
    • Long and short term cash flow planning for continuance of care
    • Review of subsequent transactions to ensure appropriate management of assets
    • Referral for bookkeeping and bill paying assistance
  • Other analysis services are offered related to specific situations