Divorce in Ohio and elsewhere across the United States commands a certain irony. And that is this: It is both the same and yet different in most cases. On the one hand, and as noted in one in-depth overview of marital dissolution, a few core issues emerge with...
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Property Division
What to expect from the property division process
Ohio couples facing a divorce have much to consider and decide on. The process of splitting one household into two can be complex and can often lead to disagreement or dissatisfaction with the outcome.The property and asset division process is one that can have...
What should you do with your business ownership in divorce?
There are many issues in every divorce. Almost all of them will impact the spouses and children for the rest of their lives.Of all these important, life-altering decisions, one of the most challenging can be deciding what to do with a business owned by one or both of...
Now and later: How does divorce impact retirement?
Building a sufficient nest egg for retirement is a significant challenge for most people, regardless of marital status. There is no doubt, however, that getting divorced is a financial hit that adds to these challenges. How does getting divorce affect net worth and...
Divorce and bankruptcy
In some cases, Ohio residents who are wanting to divorce also need to file for bankruptcy. Each action can pose several different issues, and it is important that people who are considering both understand whether they should file jointly or separately, as well as if...
Hiding assets and other divorce fraud
Many Ohio couples who are facing the end of a marriage realize that property division is an important part of the process. In some cases, assets might be hidden by one spouse, making this complex. Knowing where to look and warning signs that may indicate assets or...
Financial tips for married couples who may move
Although Ohio is not a community property state, it is important for married couples to be aware of community property principles in case they do eventually move to such a location. It can be difficult to think about the end of marriage when divorce isn't even in the...
Debt division important in a divorce
Divorces often bring difficult negotiations over custody issues as well as property division. Ohio couples whose marriages are ending may sometimes neglect to have a discussion of the division of their marital debts, however. Understanding how various forms of debt...
Same-sex marriage could soon be legal in Ohio
In April, the U.S. Supreme Court heard oral arguments in a landmark case questioning the validity of the same-sex marriage bans in Ohio and three other states.A decision is expected sometime this month, and if the Supreme Court rules in favor of same-sex marriage,...
Don’t let your divorce become a money pit
A divorce is one of the most stressful things a person can go through in life, not only on a personal level but also on a financial level. There are numerous mistakes that a person going through divorce can make, as The Wall Street Journal recently discussed, that can...