Chapter 7 bankruptcy gives consumers in Columbus, Ohio, a legal way to remove burdening debt they can no longer handle. Only unsecured debts, such as medical and credit card debt, can get erased in bankruptcy. The secured debts, those that are backed by collateral,...
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Amy M. Levine
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Contesting a Will During Probate in Ohio
When Ohio residents put together their wills and estates, they do everything in their power to make sure that they've covered all of their bases. They usually work with attorneys to make sure that their beneficiaries are clearly indicated, and they work on an asset...
7 steps to take after a car accident
In an instant, a car accident can change your life. You just could be on your way to work and a large SUV rams into the rear of your car. You could suffer serious injuries – broken bones, a traumatic brain injury and a back injury. Or a distracted driver could fail to...
What happens to a home in a Chapter 7 bankruptcy?
It may be possible to keep your Ohio home after filing for Chapter 7 bankruptcy. However, that will depend on how much equity that you have in the property. Furthermore, you'll need to remain current on your home loan to retain ownership of the property. Let's take a...
Contact a divorce lawyer early to gain an advantage
Setting an appointment with an Ohio divorce lawyer may make you feel like you've given up on your marriage. However, doing so at that first sign that your marriage might be ending could give you a significant advantage if you decide to get divorced. Information...
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For many people, one of the most difficult elements of divorce can be the division of assets and debts. Many people think that their assets will simply be divided in two, and each party will get half. In reality, it’s more complicated than that. Some assets — such as real estate — cannot be divided. Other assets — such as retirement accounts and financial investments — may lose value if they are divided.
At the law office of Amy M. Levine & Associates, we provide the counsel our clients need as they are dividing their assets and debts. Attorney Amy Levine has an LL.M. in business and taxation. Her knowledge and understanding of finances and financial documents give our legal team unique perspective into cases, and it helps ensure our clients’ best interests are protected.
We understand the short- and long-term consequences of dividing assets, and we educate our clients to help ensure they make well-informed decisions.
Determining Whether Assets Are Marital Or Separate Property
One of the most important aspects of divorce and property division is determining whether assets are marital property or separate property. Generally, anything that is acquired during the marriage is considered marital property and is divided equitably. However, inheritances given specifically to one spouse or assets one party had before the wedding may be excluded from the property division.
Contact Our Ohio Lawyers
Whether you have questions about dividing the family business or want to ensure your assets receive an accurate valuation, our legal team can help. Learn more about the counsel we provide by scheduling a free initial consultation. We can be reached through our online contact form or by calling our Columbus office at 614-360-2942 or our Huntington office at 304-519-4354.
Amy M. Levine
View Profile
Our Latest Blog Posts
What to know about the Chapter 7 bankruptcy means test
Chapter 7 bankruptcy gives consumers in Columbus, Ohio, a legal way to remove burdening debt they can no longer handle. Only unsecured debts, such as medical and credit card debt, can get erased in bankruptcy. The secured debts, those that are backed by collateral,...
Contesting a Will During Probate in Ohio
When Ohio residents put together their wills and estates, they do everything in their power to make sure that they've covered all of their bases. They usually work with attorneys to make sure that their beneficiaries are clearly indicated, and they work on an asset...
7 steps to take after a car accident
In an instant, a car accident can change your life. You just could be on your way to work and a large SUV rams into the rear of your car. You could suffer serious injuries – broken bones, a traumatic brain injury and a back injury. Or a distracted driver could fail to...
What happens to a home in a Chapter 7 bankruptcy?
It may be possible to keep your Ohio home after filing for Chapter 7 bankruptcy. However, that will depend on how much equity that you have in the property. Furthermore, you'll need to remain current on your home loan to retain ownership of the property. Let's take a...
Contact a divorce lawyer early to gain an advantage
Setting an appointment with an Ohio divorce lawyer may make you feel like you've given up on your marriage. However, doing so at that first sign that your marriage might be ending could give you a significant advantage if you decide to get divorced. Information...
Visit Our Blog