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Question: I am going to be called as an expert witness. Is the software accepted in my court?
Family Law Software is the #1 selling financial software for divorce nationwide. It is used by more attorneys to calculate child support and prepare financial forms than any other software.
It is also used by virtually every actively-practicing financial planner specializing in divorce nationwide. It is the only software endorsed by the non-profit Association of Divorce Financial Planners (ADFP) and also the only software endorsed by the credential-granting Institute for Divorce Financial Analysts (IDFA).
In short, Family Law Software is the universally-accepted standard for financial calculations in divorce.
It is the only software that has been specifically approved for use in the divorce context by a range of financial firms (each of which otherwise mandates the use of its own internal financial software), including Ameriprise, AXA-Equitable, BNY Mellon, Commonwealth Financial, LPL Financial, Principal Financial Group, Raymond James, and Securian.
In addition, courts and magistrates in Colorado, Connecticut, Florida, Illinois, New York, Ohio, and Pennsylvania use Family Law Software to help calculate child support and perform other financial calculations. No other software is used in so many states' courts.
The founders of Family Law Software are also the creators of the tax software program then known as TaxCut, which was acquired in 1993 by H&R Block. Since then, this software has been H&R Block's PC consumer tax software program. Both as TaxCut and as H&R Block tax software, the tax software that was written by the founders of Family Law Software has been used to prepare millions of tax returns that were filed with the IRS.
Family Law Software was founded in 1996 and has been continuously supplying family law financial and tax calculations since then.
Family Law Software reports have been used in divorce trials in most if not all states in the United States.
The company is not aware of any situation in which use of the reports has been denied by the court.
The reason for this is *not* that Family Law Software has been officially accepted in every court in the land.
Rather, the reason for this is that Family Law Software itself is completely an open book.
What we mean by this is that you can drill down and drill down among Family Law Software's dozens of backup reports and find the source of virtually any number on any report.
Even within the tax calculation, many of the numbers, such as the FICA calculation, the state tax calculation, the alternative minimum tax calculation, and the application of the capital gains rules, have backup reports that explain them.
Family Law Software also has an audit trail to explain the defined-benefit pension valuation, which is not available anywhere else.
As a result, financial professionals who testify in court using Family Law Software are able to say the following to the attorneys and judges:
"The software is not the expert. I am the expert. The software is merely a tool I am using, like a spreadsheet. I stand ready to explain to you any and every number that I present to the court in these reports."
And then be prepared to do just that!