Imagine two married couples. Mary and Martin have been married for many years. Mary has a number of jobs over the years, but Martin has worked at XYZ Widget Co. throughout the marriage. Every time he receives a paycheck, a little of it goes into his retirement...
Millennials love the prenup – here’s why
Each generation perceives marriage differently and millennials are no different. Most significantly, they’ve embraced a previously taboo marital agreement known as the “prenup” or prenuptial agreement. The prenup sets forth the terms of a divorce before the marriage...
Divorce after 50 may be more costly
The divorce rate for 55- to 64-year-old spouses doubled from 1990 to 2017. Late-life divorce, however, may be more complicated when spouses accumulated more assets and commingled their finances. Couples with more assets face many decisions on dividing their high-value...
What to do with the family home in a divorce
When an Ohio couple is going through a divorce it is often a stressful time. There are so many details to be worked through, many that are life-altering, during a time when emotions are high. One of the most contentious issues in a divorce is property division and the...
How to know if you’re at risk of a gray divorce
Divorce is one of the most stressful events of someone’s life. The pain is compounded when the divorce occurs later in life, perhaps after several decades of marriage. Hopefully, you will never have to face what is known as a “gray divorce,” or divorce after the age...
7 tips for post-divorce finances
A divorcing couple has numerous factors to focus on as they navigate the process. From property division and debt responsibility to parenting plans and spousal support, several compromises must be reached. Unfortunately, many couples focus only on the present to...
What to expect from a request for spousal support
When one spouse makes a request for spousal support during the divorce process, the family law court takes a look at a number of factors to make a decision. How the family law court evaluates those factors will determine if the request for spousal support is granted...
Dividing retirement assets can be challenging in a gray divorce
Older adults likely have many years of employment under their belts, and therefore, likely have larger retirement accounts. In fact, other than the marital home, retirement accounts may be an older couple’s largest asset. So when it comes to dividing up these...
Divorce takes an emotional toll, study finds
Those in the Dublin area going through a divorce can attest that divorce is an emotionally difficult time. This is especially true if the divorce is high-conflict, as one recent study shows. Study examines emotional toll of divorce The study examined over 1,800...
How can I, maybe, avoid divorce?
We all know that divorce is never an easy process, especially for couples that have been together for a decade or more. Detangling two lives that are so interwoven is often a complicated process. This is why some couple contemplating divorce are looking for an...