After a divorce in Ohio, determining child support payments is a critical step to ensure the well-being of your children. However, you might wonder if there’s any flexibility in the amount you are required to pay. While Ohio law sets clear guidelines for child...
Divorce
How does the standard of living affect spousal support in Ohio?
When a couple decides to divorce in Ohio, one important factor the court considers is the standard of living established during the marriage. This standard of living impacts spousal support, also known as alimony, which is financial assistance given to one spouse by...
How will your divorce affect your small business?
Divorce can profoundly impact various aspects of life, including your business. If you own a small business in Ohio, it’s important to understand how the separation could affect your enterprise. Valuation of the business You will likely need a professional to value...
Why second and third marriages are more likely to end in divorce
Second and third marriages often have a higher likelihood of divorce than first marriages. Several factors contribute to this trend. Understanding these reasons can help people recognize the challenges they may face in subsequent marriages. Baggage from previous...
Dealing with publicity in a high-profile divorce
Divorces involving high-profile individuals with substantial assets often attract significant attention. Unfortunately, this can complicate an already challenging situation. It is important for people in this position to understand how to handle publicity during a...
The impact of divorce on a family business
Divorce, a challenging life event, can have significant effects on a family business. When couples decide to separate, it often creates ripples that extend beyond their personal lives, affecting the stability and success of the business they have built together. If...
How should you tell your children about your divorce?
When you decide to end your marriage, you may have many concerns. One of these concerns is likely how your children will react to and cope with the news of your divorce. Telling your children about your divorce is a delicate and challenging task. Approaching the...
How a divorce differs from a dissolution of marriage
When it comes to ending a marital union, two commonly used terms are divorce and dissolution of marriage. While both may signify the end of a marriage, they differ in significant ways. Grounds for separation According to the CDC, 689,308 divorces occurred in 2021....
When can separate property become marital property?
Divorce tends to involve the intricate division of assets. Efficiently dividing these assets requires distinguishing between separate and marital property. Ownership can be a confusing matter during a divorce if you are unsure if your property is still separate or if...
How gray divorce impacts standard of living for men and women
Gray divorce, or the dissolution of marriages among those 50 and older, brings with it significant financial consequences that can disproportionately affect the standard of living for both men and women. However, women often experience a more substantial decline in...