Attorney Services Include:

Trial Consulting

  • Case Theory Development, Cost/Benefit and Risk/Reward analysis, Discovery assistance, Settlement Proposal creation for financial issues in your litigated case.

Early Expert Neutral Evaluation

  • Agreed upon neutral expert on financial issues working to settle financial disagreements before trial

Client Relationship Manager

  • Skilled and empathetic relationship management includes setting and maintaining expectations, completing homework and follow up items

Why Hire Cross Roads Divorce Advisors?

  • Comprehensive Divorce Financial Planning and Forecasting Tools: Accurate and comprehensive analysis tools at our fingertips including long term projections, support scenario comparisons, and negotiation tools including child support and alimony guidelines.
  • Cost Effective Client Relationships: The make-up of our staff allows us to incorporate multiple levels of hourly billing rates to help keep costs down.
  • Unbiased and Independent Analysis and Recommendations: Cross Roads Divorce Advisors provides an independent and unbiased view of the financial situation with no vested interest in any outcome.

Technical Skills and Analysis Provided

Discovery consulting

  • Hire Cross Roads Divorce Advisors to assist you and your staff in a comprehensive and effective financial discovery.
  • We will provide you with the professional support to make sure you have covered all the financial “bases.”
  • We will provide litigation support.

Preparation of net worth statements

  • Every case must start with a general understanding of the marital balance sheet, also known as a net worth statement.
  • We will work with your client to gather information necessary to prepare preliminary net worth statements and augment them as additional data is gathered to offer a base-line for asset and debt division.
  • As settlement negotiations begin will prepare alternative scenarios to help counsel and client compare the outcome of different settlement options

Preparation of cash flow statements

  • Everything flows from cash flow
  • We will work with your client to develop comprehensive cash flow statements and budgets
  • As settlement negotiations begin will prepare alternative scenarios to help counsel and client compare the outcome of different settlement options

Income available for support calculations

  • You cannot determine a person’s income by simple review of a tax return in our modern world of complicated investments and small business.
  • We are trained and experienced in analyzing and determining a parties’ income available for support
  • We will review and analyze tax returns, business documents, human resources documents, brokerage statements and depository receipts to help you with your analysis of your client or opposing parties’ income available.

Marital Standard of Living and Lifestyle Analysis

  • Lifestyle analysis is a complicated combination of backward looking forensic accounting and forward looking lifestyle interviews
  • We will prepare comprehensive lifestyle analysis for use in analysis of the Marital Standard of Living

Characterization of Net Worth Statement – Tracing and apportionment analysis

  • Many jurisdictions require the tracing of  Separate property vs. Marital Property in order to confirm character and award an asset to one spouse or the other.
  • Characterization is a delicate balance of documentation and strategy.
  • We will help you and your client to understand the risk vs. reward of making claims regarding characterization
  • We will prepare comprehensive apportionment analysis “tracing” and exhibits for use in negotiations and/or litigation

Credit and Reimbursement tracing

  • Many jurisdictions allow for credits and reimbursements to be calculated at the end of a case for use of joint funds to pay separate debt, use of a home during pendency of a case, shared expenses and many other complications
  • We will prepare comprehensive analysis and reports for use in negotiations and/or litigation

Consultation regarding economic value of real property assets

  • We do not prepare valuations ourselves but we are trained and experienced in the review of real property and other valuations

Time Rule Formula analysis

  • Many jurisdictions rely heavily on the use of time-rule formulas to determine the character of assets such as pensions, retirement accounts and other co-mingles assets
  • We will prepare comprehensive apportionment analysis using time-rule formulas for use in settlement and/or litigation
  • We will prepare present value analysis of defined benefit plans for use in negotiations.

Consultation regarding fiduciary duty of parties related to investment and business management decisions

  • Many jurisdictions have become interested in the concept of fiduciary duty during a marriage and the pendency of dissolution proceedings

Analysis of economic value of dependency exemptions, tax credits, and filing status decisions

  • We will analyze and advice counsel and client as to the economic value of claiming dependency exemptions, tax credits and tax filing status

Placement of Life Insurance as Security for Spousal and Child Support Obligations

  • We can assist in the placement of life insurance as security for child support, alimony and equalization payments

Consultation on deferred division of non-qualified accounts not subject to division by QDRO

  • Many non-qualified deferred compensation plans common in the executive compensation world are not divisible by QDRO.
  • We will help counsel to determine whether accounts are divisible by some other process
  • If accounts are not divisible we will offer advice on deferred division strategies

Lump sum alimony buy-out analysis

  • Many negotiated settlements contemplate the lump sum buy-out of alimony.
  • We will prepare comprehensive analysis of the many options for calculating buy-out amount including
    • Linear rate of return method
    • Safe withdrawal method
    • Annuity purchase method
    • Fixed income yield method
  • Consultation on best practices for ensuring client follow up on MSA financial provisions such as beneficiary designation changes, account division and clean-up, etc…
    • We don’t consider our job done when a settlement is reached.
    • We provide transition management services for your clients to ensure the settlement you worked hard to negotiate is completed.

Contact

Cross Roads Divorce Advisors, LLC
1159 Pittsford-Victor Rd.
Suite 140
Pittsford, NY 14534
USA

Phone: (585) 542-2382
Email: lfalvo@crossroadsdivorce.com

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