Divorce can be a complex and emotionally charged process. Even if both parties agree it’s the best thing for each of them, it can still be a long process to go through. This is especially the case when dealing with valuable assets like art collections. Equitable...
Month: September 2024
When is legal separation preferable to divorce?
For couples seeking an end to their marriage, a legal separation can sometimes be a preferable alternative to divorce. Legal separation allows couples to live apart and settle important issues like child custody, division of property and financial support without...
Can changes in financial circumstances break a prenup in Ohio?
In the context of marriage, especially in high-asset divorces, financial circumstances can evolve in unexpected ways. Understanding how these changes might impact a prenuptial agreement is essential for maintaining fairness and balance. Changes in income or assets A...
Tax implications of transferring business assets in a divorce
Dividing business assets during a divorce can be a complex process. The tax implications of this process are especially complicated. It's essential to understand the potential tax consequences before transferring these business assets. Capital gains taxes and business...