Patricia Barrett has worked on hundreds of divorce cases during her career and can provide expert financial assistance to divorcing individuals or couples in the following areas:
- Determining the optimum equitable, tax-adjusted, and/or alimony-adjusted asset division;
- Mediating or co-mediating with family law attorneys in working out an equitable divorce settlement;
- Creating parenting plans and child-related budgets;
- Analyzing the capital gain tax liability of asset division;
- Establishing the value of a pension or other stream of payments;
- Analyzing and valuing executive benefits such as stock options, restricted stock, or stock appreciation rights;
- Determining community and/or separate property in real estate, company benefits, and other marital assets;
- Line-by-line tracing of separate and community property financial accounts and debts to establish clearly the separate property value;
- Calculating long-term cash flow for each spouse based on budgeting, available marital assets, and sources of income to help:
- Determine if the homestead, or other assets, should be retained
- Assure that children’s needs are met
- Determine need for return to the work force or to establish retirement dates
- Assist in establishing a post-divorce standard of living budget
- Determine the need for or ability to pay contractual alimony
- Working as a trained, neutral financial advisor in Collaborative Divorce cases;
- Preparing exhibits presented to a judge during litigated cases.