Lifestyle Analysis in Divorce

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.Thanks for listening! We'd be very grateful if you'd subscribe to the podcast and give us 5 stars! Please visit Transcend Retirement or Wiser Divorce Solutions. Follow Andrew on LinkedIn too!