If you preparing for a divorce, chances are that you have retirement accounts that need to be divided.Although retirement accounts like 401(k)s are usually earned by just one spouse, they are often considered marital property that has to be divided equitably between...
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Property Division
5 steps to prepare for divorce financially
If you believe that a divorce is in your future, you may already be taking steps to prepare emotionally, but there are also steps you should be taking to prepare financially.We explained how to financially prepare for a divorce in an in-depth article on our website,...
Fighting over Fido: Who gets the pets in a divorce?
If you are one of the many Americans with a beloved pet that you consider to be a member of the family, you may be surprised to know that the court doesn't feel this way at all. Under the eyes of the law, pets are property much like your television or bedroom set.But...
Protecting an inheritance in an Ohio divorce
Divorce laws regarding the division of marital property vary from state to state. For example, states vary in how they define the marital estate, or the property that will be subject to division during a divorce.As a result, it can be hard to understand how your...
Are unvested military retirement benefits subject to division? (2 of 2)
Welcome back. We are currently discussing a divorce case that was recently decided by the Ohio Supreme Court and asks whether unvested military retirement assets, like vested military retirement benefits, are considered property that can be divided during divorce.The...
Are unvested military retirement benefits subject to division? (1 of 2)
Although military divorce takes place through the same family court process as civilian divorce, there are unique issues that apply. For example, military pensions are an important part of the property division aspect of many military divorce cases and are often a...
Unique housing forms can make for division challenges in divorce
What kind of housing do you live in? Chances are that if you live in Columbus, you live in a single family home. Alternatively, you might live in a condominium or an apartment. If someone mentions they live in a co-operative situation, however, the reaction that...
Caution: Divorce debt splits are irrelevant to creditors
When a couple divorces, the reaction is sure to vary among friends, family and others concerned. Some may express sympathy. Others might wonder why it didn't happen sooner. Still others may limit their reaction to offering heartfelt advice on how to get through what...
Wealth doesn’t mean you have all the answers in event of divorce
There is a difference between entering a marriage with significant assets and wealth accumulated during the marriage.In the former situation, the chances are good that the parties taking vows will have a prenuptial agreement in place beforehand. In the latter...
Life insurance policy deemed community property in Valli divorce
Ohio is an equitable distribution state when it comes to property division in divorce. That's as opposed to a community property state. The difference is significant and can sometimes create major confusion -- the kind that can only be sorted out with the help of...