Financial Statements

It is often overlooked but could not be more important. I inherited a case from an attorney when her client became dissatisfied with her services. When this gentlemen came to my office he was days before the hearing on pendente lite issues. The financial statement the former attorney had assisted in preparing was inaccurate in terms of expenses and income. For this particular client the impact could have been devastating as he is self employed. The monthly income identified by the former attorney had the client earning $10,000.00 a month. When in fact that figure accounted in large part for payment of his over head cost for the business. You must be extremely causious with financial statements. They are evidence in each case. Be sure the numbers are accurate and verified.