Choosing the right divorce lawyer can be a difficult and time-consuming process. But hiring a divorce attorney who also is a Certified Public Accountant (CPA) can give you an extra boost of confidence as you go into battle. If you have significant assets, it’s critical to be represented by a lawyer with the proven ability to understand and handle complex financial issues.
To become a CPA, an individual must pass the national Uniform Certified Public Accountant Examination, meet high educational standards, and complete rigorous experience and certification requirements. It’s no easy task; it takes years of study and hard work.
CPAs are known for being savvy with numbers, highly analytical, detail-oriented, and possessing excellent math and communication skills. An attorney/CPA will give you a competitive advantage at the courthouse since divorces are typically full of number-crunching issues requiring financial analysis and detail-oriented focus—such as identifying and protecting assets, analyzing financial account statements, fairly dividing significant assets and debts, tracing and protecting separate property, and valuing family-owned businesses.
What’s more, an attorney/CPA is likely to resolve your case in a more efficient and cost-effective manner, thus saving you attorney’s fees and expenses. An attorney/CPA will analyze financial and property issues at a much quicker rate and with greater insight than most other divorce lawyers—such as, for example, analyzing tax returns. Tax returns are revealing in what they say and what they don’t say. Tax returns can be the roadmap to protecting your assets and achieving financial security.
If your divorce will involve significant assets, hiring an experienced family lawyer who also is a CPA is the way to go. Attorney Sonya B. Coffman is the only divorce lawyer in Southeast Texas who is both Board Certified in family law and a CPA.