You’ve spent years contributing to your retirement account, setting aside money for the life you pictured sharing with your spouse after retirement. However, things haven’t worked out as you imagined. Your marriage has come to an end, and you’re now wondering what...
Division Of Property
How can going through a divorce impact your credit score?
People who are going through a divorce often become focused on dividing the property that they’ve amassed. While that’s important, it’s also critical for them to recognize that the marital debt also has to be divided. There are a few things that people going through...
What property remains separate when couples divorce?
Dividing property is one of the most frustrating elements of any divorce. The longer spouses have remained married and the higher their standard of living, the more difficult it may be to effectively separate their resources during a divorce. Property division rules...
Can business owners file uncontested divorces in Ohio?
People with more valuable assets can generally expect to face more complicated divorces. The end of a marriage is typically more challenging to navigate in scenarios where spouses have accumulated high-value assets. A business is an asset that represents financial...
Who is entitled to 401(k) funds in a divorce?
A 401(k) can be one of the most valuable assets spouses accumulate during their marriage. As a result, the account often becomes a focal point in divorce proceedings, especially when it comes to determining how it will be divided. The division of retirement funds,...
3 solutions for the marital home during a divorce
The more valuable an asset is, the more spouses may fight over it when they decide to divorce. For many couples, the marital home is the biggest investment they made together and the biggest point of contention when they divorce. People may find themselves disagreeing...
4 assets that people may attempt to hide during divorce
In divorce, fair property division depends on the court having a full understanding of a couple’s shared property. Unfortunately, it is not uncommon for some to try to shield certain assets to sway the settlement in their favor. What assets do people often try to...
Who keeps the pets following an Ohio divorce?
Divorce can be an emotionally challenging process, especially when there are disagreements about how to divide assets and make arrangements for the future. While people often focus on matters like property division and financial support, one key issue that may arise...
What happens when a home is sold during property division?
People who own a home and are going through a divorce may decide that selling the home is the best option. This brings up several points that must be addressed during the property division process. Selling the home can considerably impact the distribution of assets....
3 assets that may require professional valuation during divorce
Handling property division matters can be a major challenge in the early stages of a divorce. Especially if couples want to pursue an uncontested divorce where they settle issues amicably, they need to find a way to agree on how they share the resources they have...