In many cases, prenuptial agreements help lead to streamlined, uncontested divorces. By setting terms in advance, spouses can avoid divorce litigation. Other times, a prenup can actually be the reason for family court litigation. One spouse may ask the court to...
Your private practice is more than a business. It reflects years of hard work, dedication and financial investment. In an Ohio marriage, it can also be one of your most significant assets. When divorce begins, deciding what happens to your practice is one of the most...
The Ohio family courts generally only order spousal support when they determine that it is necessary or when a couple agrees on support as a means to balance a mutually-beneficial divorce settlement. After a high-asset divorce, a lower-earning spouse may struggle to...
You always grew up with a significant amount of wealth, and your parents were high earners. You knew that one day they were going to leave you an inheritance that could be a life-changing amount of money. You certainly have your own professional aspirations and have...
Spouses with prenuptial agreements can often avoid messy divorces. They do not need to negotiate every detail of their divorce settlement or litigate. The terms that they previously set regarding the division of property, the need for financial support or the...
When you own and devote your time to your company, facing an impending divorce can leave you asking questions. One of these might be if the divorce can impact the daily operations of your business. The truth is that divorce does not have to mean the end of everything...
Shared professional practices established by couples in the same profession are somewhat common. Spouses who meet during graduate school might operate a physical therapy office together. Accountants who fall in love in college or while working for an outside firm may...
Married couples generally share the same standard of living. Frequently, one spouse earns far more than the other, possibly because the lower-earning spouse leaves the workforce or takes a less-demanding job to raise the couple’s children. If they divorce, that uneven...
When couples get closer to retirement and their children are no longer living at home, they often downsize to a condo or just a smaller house that’s easier to take care of. Sometimes, however, if these couples divorce, they find themselves battling over who gets to...
Under Ohio divorce laws, all property and assets that were accumulated during you and your spouse’s marriage are marital, regardless of whose name is on the account. While each case is unique, the courts will seek to divide all marital assets “equitably” between both...
