Things happen fast in Silicon Valley. A client needed to identify assets and income levels in a family law divorce case, in less than two weeks. Northern California is full of individuals with early-stage startup assets and other complex types of income and investments. There are often lengthy paper trails associated with these transactions and tracking assets is often a time-consuming and expensive process. They called Thompson Accounting (https://thompsonaccounting.net), specialists in family law and divorce matters, to undertake a separate property tracing analysis. Assessing multiple accounts over many years is complex; adding brokerage accounts and other asset types makes a comprehensive analysis in two weeks nearly impossible. Thompson Accounting reached out to Valid8. After an initial 15-minute consultation, the Thompson team had a plan and the confidence they could deliver a quality analysis and meet the aggressive deadline.
RESULTS
Several different accounts were accurately reconciled.
Thousands of transactions were identified within minutes.
Valid8 produced “Bomb-proof” court-ready data within 24 hours.
The court deadline was met while simultaneously preserving firm resources.
Estimated 2.5x more firm resources required to complete analysis without Valid8’s software.