Couples with valuable assets often have a harder time preparing for divorce than those who have acquired minimal property throughout their marriages. Spouses usually need to share their marital property unless they signed an agreement with one another setting certain...
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Divorce
3 assets that can cause major disputes during property division
Long-lasting marriages and relationships that involve higher-earning couples often result in contentious divorce proceedings. Couples with more property to divide often find that it takes longer to negotiate or litigate their divorce matters. Certain assets, in...
Which parent pays for health insurance during an Ohio divorce?
When parents with dependent children divorce in Ohio, they generally need to reach some kind of settlement regarding how they will share financial responsibility for their children and how they’ll divide parenting time. There are a lot of details that go into the...
What happens when one spouse empties a joint checking account?
Divorcing means making major practical and financial adjustments. The longer that couples have remained married, the more property they share with each other and will, therefore, need to divide. In Ohio divorces, the equitable property division standard determines...
Can student loans offset the value of a business in divorce?
Many people who operate a small business or develop a professional practice want their company to support their family. They may have worked full-time while attending school to get their degree and establish their professional reputation. It is quite common for...
What becomes of the family business in a divorce?
When going through a divorce in Ohio, it's a good idea to think about how you'll protect your interest in the family business. Aside from the obvious emotional aspects of your divorce, it can help you to remember that divorce is essentially a business transaction....
How your spouse could dissipate your assets
The dissipation of marital assets is similar, in some ways, to attempting to hide those assets. At least, the goal is the same. The person who is doing it does not want to divide those assets with their spouse during the divorce. If you’re worried that your spouse is...
Is your spouse hiding assets during divorce proceedings?
Even if a divorce is amicable, dividing up the assets could turn an otherwise harmonious situation into a battle. Unlike community property states, Ohio divorce courts use an equitable distribution model to determine who gets what after the split. That means the...
Want to switch your kid’s school? Plan a year in advance.
You clearly want your child to have the best possible educational experience. You know how valuable that’s going to be for their future and their career. So, when you feel like the current school isn’t quite meeting all their needs, you might decide that you want to...
Considerations if you want to contest a prenuptial agreement
Prenuptial agreements refer to contracts that couples sign before they get married to protect their assets in the event of a divorce in Ohio. Unfortunately, prenuptial agreements can often be a source of contention during divorce proceedings. If you are considering...