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...
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Division Of Property
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...
What debts do couples need to divide in an Ohio divorce?
Addressing financial matters is a key element of any Ohio divorce. Some couples don't have much to negotiate because they have a pre-existing marital agreement. They may only need to work out certain specific details about the separation of their finances. Many others...
Should your ex keep the house without refinancing?
When you’re getting divorced, your spouse may tell you that they would like to keep the family home. Maybe they don’t want to move, perhaps they think that the child custody situation will be easier if they keep the home, or maybe the house is just a major financial...
Do you have to sell your family business in divorce?
Married business owners often find the arrangement very convenient when the marriage is going well. In fact, many couples specifically start businesses together because it seems like an ideal partnership. And that business can flourish over the years. But what happens...