Wednesday, 14 September 2011

Divorce Software For Divorce Lawyers

When a client visits a divorce lawyer with divorce on his mind, he wants immediate answers to several questions before deciding to handover the case. If a lawyer were to start calculations of the financial implications, it would take a long time. If he uses divorce software he can simply input the client's income, his spouse's income, net disposable income desired and the ages of their children. The software automatically calculates alimony, tax liabilities, net disposable incomes for both, child support and other data. This gives the prospective client a clear picture and helps him decide. One can imagine the implications this has for the lawyer as well since he gains clients, more cases and increases his revenues.

A divorce is more than a simple separation due to financial and legal implications. Divorce software helps in easy calculation of precise divorce settlements and several “what if” scenarios by varying the inputs. A divorce lawyer should select a software that easily delivers outputs relating to :

  • Tax optimized financial divorce settlement
  • Just and equitable distribution of liabilities and assets between the two partners after factoring in all tax implications with what if scenarios
  • Tax optimizes support payments of the client
  • Delivers court-room ready reports including graphs and charts
  • Output in MS word document or PDF format ready for emailing or printing

The “what if” is a wonderful feature permitting divorce lawyers explain to prospective clients the tax benefits of keeping alimony payment and child support separate. Complicating this issue of divorce is the fact that rates and laws are different in the 50 states of the US and the divorce software should have a feature enabling immediate display in respect of each state by using appropriate options, avoiding the need for long drawn out manual calculation taking all factors into consideration.

That is for the client side. For the lawyer handling the case and to some extent to the client, the fees and other incidental expenses are also factored in considering duration of the case and the probable outcome. This is one very desirable feature of a divorce software.

Armed with the software a divorce lawyer can expertly negotiate divorce financial settlement to the best advantage of his client after considering all related scenarios and tax implications through the software and use the most appropriate one to resolve the issue. Tools in the software permit easy output of graphs, charts and reports that are easily understood by both parties, paving the way for a negotiated settlement. Even otherwise, if the case should go to court, the reports and charts can be used as trial exhibits for speedy resolution.

Clients are happy with the outcome, lawyers process cases faster and have more turnover with a capacity to do more and better with less effort, all through choosing and using the right divorce software.

Thursday, 8 September 2011

Divorce Software Helps Lawyers Calculate Divorce Settlements Precisely

Getting married is easy but getting out of it is not that easy because wedlock imposes rights and obligations on both partners and a divorce or legal dissolution of marriage is subject to laws. Peculiar to the US is that family laws and divorce laws are not uniform throughout the country; each state has its interpretation of laws and other considerations and a city too may have its own laws. Divorce financial settlement, child support, alimony, division of assets and property are further complicated by the tax factor. That is only one aspect of divorce. The other aspects are preparing and filing necessary forms and documents, arguing the case in court with the right factual support and financial implication reports generated so easily by divorce software.

Since each divorce case is unique, a lawyer spends a considerable amount of time to make complex calculations in respect of tax liabilities and benefits in relation to alimony, child support and divorce settlements. Divorce software takes away the hassles of extended computations and does it all for divorce lawyers, freeing them to concentrate on their cases and their profession.

Divorce software is user friendly, designed to help lawyers who may not be very familiar with computers and take simple data inputs such as the prospect's income, his/her spouse's income, net disposal income desired and the ages of the children as the basis for extended computations concerning divorce settlements. The software outputs an estimate of child support, alimony, tax liabilities and the net disposable income for both. A comprehensive divorce software includes divorce financials that (1) tax optimize support payments of the client; (2) tax optimize financial divorce settlement; (3) calculating just and equitable distribution of liabilities and assets between two partners and (4) produce court-room ready reports along with charts and graphs. In brief, the divorce software does automatically for one case what it would take 3 or 4 people a day to do, without errors or complaints. What attorneys appreciate is the feature to export data in word or PDF or worksheet format.

When a prospective client walks in for initial consultation, he or she would want figures right away. A divorce attorney who has this divorce software enters simple data and gives the prospect an amazingly near accurate figure in each case with five different “what if” possibilities. This impresses the client and gets the lawyer the case, especially when he points out matters like the tax advantages of separating child support and alimony and similar other finer points to the client, available so easily when you use divorce software. Divorce software with tax codes of all fifty states make computations easy.

Today divorce software helps lawyers be smarter, handle more cases with less strain and enhance their productivity and income, while giving their clients the best deal.