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Lifestyle Analysis in Divorce
Manage episode 355121929 series 3429737
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In this episode we tackle the topic of lifestyle analysis in divorce. Lifestyle analysis is a useful tool for attorneys in cases where one party has a claim for spousal support. The lifestyle analysis establishes the standard of living of a couple in marriage. It's a very detailed look at the income and day-to-day expenses incurred during the marriage and looks closely at the spending habits of both parties.
A lifestyle analysis might be referred to as a budget on steroids. Typically, a lifestyle analysis is done in a high net worth divorce case. Discretionary expenses such as luxury travel, high end restaurants and private club memberships are typically tabulated in a lifestyle analysis.
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