A recent article from David Anderson, principal of David Anderson & Associates, a Philadelphia forensic accounting firm that provides marital dissolution and business valuation services in Philadelphia and the Delaware Valley, was posted last week as the feature article on the Collaborative Law Professionals of Southeastern Pennsylvania website.
The article by Anderson – entitled “Key Issues Regarding Marital vs. Non-Marital Assets in a Divorce” and which originally appeared on the David Anderson & Associates blog this past March 26 – details a professional discussion Anderson had earlier this year with Kathy Bloom, an attorney-mediator who serves as Managing Partner of the family law firm of Bloom Peters, LLC, with offices in Horsham, PA and Mount Laurel, NJ.
“I’m thrilled the Collaborative Law Professionals organization decided to share the information Kathy and I presented in the article with its members and visitors to its website,” said Anderson, a marital dissolution accountant in Philadelphia. “The more people who are considering or involved in divorce learn about the legal and financial assistance options that are available to them, the less costly, difficult, and stressful the process can be for everyone involved.”
In the “Key Issues” article, Bloom and Anderson describe how, in general, decisions are made as to what are marital assets and what are non-marital assets. The discussion also zeros in on specific laws in the tri-state Pennsylvania-New Jersey-Delaware area that can help guide local dissolution and divorce proceedings and smooth the path toward completion.
Among the key points made in the piece, Bloom explains the delineation between marital and non-marital assets is not based upon the name in which the assets are held, but rather when the assets were acquired. In addition, she notes non-marital assets that are “comingled” with marital assets can, more often than not, become marital assets.
However, explaining that “there are even exceptions to . . . exceptions,” Bloom and Anderson, in the article, strongly recommend working with a team of legal and financial professionals.
Here’s a link to the just-published version of the article.
The Collaborative Law Professionals of Southeastern Pennsylvania (visit the website) is not a law firm but is a multi-disciplinary network of professionals trained to provide an alternative to the traditional court process. The organization helps individuals work collaboratively, outside of court, to find balanced, respectful, lasting solutions and agreements. The Collaborative Law Professionals offer the skill and knowledge of a diverse group of independent professionals, including lawyers, financial specialists, child specialists, and communication coaches, who ensure client needs, and the needs of each family member are individually and collectively considered.
Bloom Peters LLC (visit the website) is a full-service law firm focusing on family law and business law. The practice works with clients as a team, to assess their legal needs, find solutions to their legal problems, and then implement those solutions. Bloom Peters provides superior legal services to clients and to rapidly respond to client needs, while striving to uphold the highest standards of integrity, expertise, and professionalism. The firm prides itself on a commitment to be available for consultation whenever possible.
If you need of a marital dissolution accountant in Philadelphia, or if you require any other services of a forensic accounting expert in Philadelphia and the Delaware Valley, please contact the Philadelphia forensic accounting firm of David Anderson & Associates by calling David Anderson at 267-207-3597 or emailing him at david@davidandersonassociates.com.
About David Anderson & Associates
David Anderson & Associates is a Philadelphia forensic accounting firm that provides a full range of forensic accounting services in Philadelphia and the Delaware Valley. The experienced professionals at David Anderson & Associates provide forensic accounting, business valuation, fraud investigation, fraud deterrence, litigation support, economic damage analysis, business consulting and outsourced CFO services. Company principal David Anderson is a forensic accounting expert in Philadelphia with more than 30 years of experience in financial and operational leadership positions. He is a Certified Public Accountant, a Certified Fraud Examiner and a Certified Valuation Analyst. Anderson also has served as a divorce accountant or marital dissolution accountant in Philadelphia and the Delaware Valley.