Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

The Real Cost of a Divorce

By Carla Fried - 2013-11-25T13:43:42Z

Photograph by Gallery Stock

Company Symbol % Change
7 of 16

Build a Legal Bench 

Some divorces require a team that goes beyond a lawyer and a financial expert. If minor children are involved and there’s not agreement on custody and support, a child custody evaluation can cost about $2,000 to $10,000 or more.

When a family business is in play, a forensic CPA needs to examine the books, verify assets and liabilities “and see if there have been any shenanigans,” says Jeffrey Landers, president of Bedrock Divorce Advisors and author of “Divorce: Think Financially, Not Emotionally.” The same forensic CPA or a separate business valuation expert will use that information to assign a current and future value to the business, which can be used in negotiations. The hourly fee for vetting the business can reach about $200 an hour.

Advertisement