In some cases, people get divorced, and one spouse owns a business. That spouse will likely retain ownership, although they may have to divide some of their assets with their spouse. If a business increases in value during the marriage, for instance, the increase may...
The end of a marriage can trigger a whirlwind of change: new living arrangements, altered finances, shifts in parenting responsibilities and an unexpected sense of isolation. Even when a separation is amicable, it is common to feel grief, sadness or anxiety as you...
When you go through a divorce, one of the biggest concerns is how your property will be divided. Ohio law places property into two categories: marital and separate. Knowing where inherited property falls can make a big difference in what you keep after divorce. How...
When parents decide to divorce, they have to think about their children. In some cases, telling the children about the divorce is going to be the most difficult task that the parents face. Their parents going through a divorce is a major time of change for children....
Child support is a relatively common obligation when parents stop living together. The courts may require that a parent with more income or less parenting time provide financial support for their children. The amount of child support depends on factors including the...
When a child becomes emancipated, their legal status changes, raising questions about ongoing child support obligations. Emancipation means that the child is no longer considered a dependent and becomes responsible for their own financial needs. But what does this...
Child custody hearings can feel stressful and emotional so preparation makes a big difference. Courts in Ohio and Kentucky focus on the best interests of the child, so you need to show stability, cooperation and commitment to parenting. The more prepared you are, the...
It is very clear that money and divorce are closely linked. For instance, some studies have examined the top reasons for divorce and found that money issues come in third, at 22%. This puts them behind basic incompatibility, which is often cited in no-fault divorce...
Child support is a common source of conflict when parents separate. The parent paying support may have to adjust their budget and standard of living to fulfill their obligations. The parent receiving support often feels as though it does not adequately address the...
When you’re going through a divorce, your first concern is usually your children. You want to protect them from stress and confusion. If you’re considering collaborative law in Ohio, you may wonder if your kids will be part of the process. Understanding the...